There are many services around, which consider themselves electronic payment solutions, however the speed they perform the transactions, not to mention the settlement of the transactions, is so slow that they are really inadequate even for traditional purposes, not to mention the time sensitive state of the art services.

SEMOPS is different from this point of view, as the approval of the transaction is performed within seconds and in certain circumstances even the actual money is available for use immediately for the beneficiary. This speed allows the introduction of such new transaction types like P2P payments, where the beneficiary can spend the money received right away.