Real-time Payments: Difference between revisions

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<span style="color:#4B0082">'''''Instant payments for corporates?'''''</span>
:<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 a live proving exercise a [UK] Faster Payment valued in the tens of millions of pounds was sent and received.
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* [[LVPS]]
* [[LVPS]]
* [[New Payments Platform]]  (NPP)
* [[New Payments Platform]]  (NPP)
* [[Payment rail]]
*[[Payment service provider]]  (PSP)
*[[Payment service provider]]  (PSP)
* [[Payments and payment systems]]
* [[Payments and payment systems]]

Revision as of 08:56, 16 February 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


Other resource

UK Faster Payments Service, ACT Briefing note, 2008