Real-time Payments: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Remove surplus text.)
imported>Doug Williamson
(Add link.)
 
Line 30: Line 30:
*[[Payment service provider]]  (PSP)
*[[Payment service provider]]  (PSP)
* [[Payments and payment systems]]
* [[Payments and payment systems]]
* [[Real-time]]
* [[Real-Time Rail]]  (RTR)
* [[Real-Time Rail]]  (RTR)
* [[Single Euro Payments Area]]  (SEPA)
* [[Single Euro Payments Area]]  (SEPA)


[[Category:Cash_management]]
[[Category:Cash_management]]

Latest revision as of 00:10, 12 March 2023

US.

(RTP).

Real-time Payments is a 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