Remove B2B Remove Irrevocability Remove Request for Payment
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Real-Time Payments Successfully Gets Through Its First Test Drive

PYMNTS

The first transaction, in addition to moving funds, also carried data in an invoice-like fashion to accompany requests for payments which are irrevocable. The system sees some business actually attaching paper checks to account files just so they can match payment with bills. The upgrade to the system also allows the U.S.

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Deep Dive: Billing And The Use Of Real-Time Payments

PYMNTS

Real-Time Utilities Payments . RTP has showcased its ability to help customers pay providers for received services, but such systems offer more than immediate, final and irrevocable transactions. For billing companies, processing relatively low-value utility payments from countless users can be tedious.