Remove C2B Remove Push-to-Card Remove RTP
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Cross River To Provide Clients With Real-Time Payment Ability

PYMNTS

Cross River, a company that provides banking services for technology companies, will join The Clearing House’s (TCH) RTP network, according to a release. By joining the network, Cross River will be able to give its clients the ability to send, settle and clear payments instantly, along with messaging capabilities, while ensuring compliance.

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. And finally, that the banks and the card networks are the big losers.

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Mastercard: Moving Beyond The Cards With Payment On Delivery, Online Bill Pay

PYMNTS

And when it comes to 24/7 real-time payments, adoption by businesses, and by consumers, will be pushed ahead use case by use case and transferring funds between accounts in minutes or seconds will gain traction. What you see through these two actions,” he told Webster, is to expand Mastercard’s role in commerce beyond cards.”