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Still, others have said that B2B payments should be largely left out of the faster payments conversation. remains in its early days of faster and real-timepayments adoption, so neither of these two schools of thought have been proven correct.
The buzz today is cryptocurrency and how it will be utilized as a viable form of payment in the U.S. In 2017, The Clearing House launched the Real-TimePayments (RTP) rail, a 24/7/365 processing system. And don’t forget to get involved with your Payments Association to explore education and networking events.
Pursuing a receive-only implementation to start offers financial institutions a streamlined and cost-effective way to ease into the world of real-timepayments. Payments Associations provide faster payments town halls, training, education, and resource materials specifically geared toward their financial institution members.
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