Real-time Payments

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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


Other links

UK Faster Payments Service, ACT Briefing note, 2008