Real-time Payments: Difference between revisions
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Real-time Payments is the US system, launched in 2017, for faster payments between participating banks and their customers. | Real-time Payments is the US system, launched in 2017, for faster payments between participating banks and their customers. | ||
<span style="color:#4B0082">'''''Instant payments for corporates?'''''</span> | |||
:"... in a live proving exercise a [UK] Faster Payment valued in the tens of millions of pounds was sent and received. | |||
:In comparison, SCT Inst has started with a EUR 15,000 limit, and the US Real-time Payments System caps transactions at USD 25,000." | |||
:''The Treasurer magazine, April 2018, p23 - In Search of the Tipping Point.'' | |||
Revision as of 15:06, 7 April 2018
US.
(RTP).
Real-time Payments is the US system, launched in 2017, for faster payments between participating banks and their customers.
Instant payments for corporates?
- "... in a live proving exercise a [UK] Faster Payment valued in the tens of millions of pounds was sent and received.
- In comparison, SCT Inst has started with a EUR 15,000 limit, and the US Real-time Payments System caps transactions at USD 25,000."
- The Treasurer magazine, April 2018, p23 - In Search of the Tipping Point.
See also
- BACS
- C&CCC
- Clearing House Automated Payment System
- CPA
- Electronic commerce
- ERPS
- Faster Payments Service
- Immediate payments and the impact on corporate treasurers
- IMPS
- LVPS
- NPP
- Payments and payment systems
- PSP
- SEPA
