What is Real-Time Payments (RTP)?

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Real-Time Payments (RTP) is a modern, open-loop payment rail that enables the immediate transfer of funds between bank accounts, with final settlement occurring in seconds, 24 hours a day, 365 days a year. Unlike traditional payment systems, RTP provides instant confirmation to both the sender and the receiver, significantly improving cash flow management and operational efficiency for businesses and consumers.

Real-Time Payments (RTP)

What is Real-Time Payments (RTP)?

What is the core difference between Real-Time Payments (RTP) and traditional payment systems like ACH or wire transfers?

How do Real-Time Payments (RTP) benefit businesses and financial institutions with specific examples and statistics?

What are the key technical standards and security features that underpin the Real-Time Payments (RTP) network?

What is the status of Real-Time Payments (RTP) adoption globally, and what are some key national examples?

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