Does TARGET TIPS not count as settlement? According to its own website [0], it means "individuals and firms can transfer money between each other within second

Does TARGET TIPS not count as settlement? According to its own website [0], it means "individuals and firms can transfer money between each other within seconds", and "TIPS offers final and irrevocable settlement of instant payments in euro, at any time of day and on any day of the year." [0]: https://www.ecb.europa.eu/paym/target/tips/html/index.en.html https://www.ecb.europa.eu/paym/target/tips/html/index.en.htm...