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RT2: A strategic transformation for UK payment providers

The Payments Association

RT2: Renewed real-time gross settlement marks transformation for UK payment providers 9 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? RT2, the UK’s new Real Time Gross Settlement service, and its transformative impact on the payments ecosystem. Why is it important?

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What is a Payment Processing System and How Does It Work?

Stax

Funds are settled and deposited into the merchant account – Once the transaction has been approved, the funds are deducted from the customers account and deposited into the merchant account or payment service provider account after settlement. Ideally, you want instant or same-day fund settlement.

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Ukraine approaches SEPA: what this means for Ukrainian Fintech and Business

Finextra

Combining SEPA compliance with Ukraines competitive cost structure can position Ukrainian fintech companies as serious competitors in European markets. Cross-border payment costs within SEPA can decrease by 85-90% for Ukrainian businesses, with processing time improvements from 3-5 days to same-day or instant settlements.

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Payrails Review: Orchestrating Global Payments

Fintech Review

Businesses can route transactions dynamically based on geography, payment method preferences, cost structures, or success rates. It is including user wallets , stored value accounts, payouts, and split settlements for marketplaces.

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What is a Payment Orchestrator?

Clearly Payments

Unified Reconciliation and Settlement: By consolidating transactions from multiple providers, payment orchestrators simplify the reconciliation and settlement processes, reducing administrative overhead for businesses. This data can be used to optimize payment strategies, identify trends, and make informed decisions.

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Merchant-facing regulation: What merchants need to know in 2025

The Payments Association

These developments will impact merchant compliance, cost structures, customer experience, and operational risk. While merchants wont be regulated directly, accepting stablecoins as payment will require confidence in the legal status, settlement reliability, and AML compliance of the tokens and intermediaries involved.

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How to Understand Your Profit and Loss (P&L) Statement

Stax

One-time expenses: Unusual or exceptional expenses that are not expected to recur regularly, like legal settlements or restructuring costs. One-time incomes: Irregular or exceptional incomes not part of regular operations, such as insurance settlements or legal judgments in the company’s favor.