article thumbnail

RTP® Network Hits $481 Billion in Q2 as Higher-Value Instant Payments Surge

Fintech Finance

RTP Network Instant Payments surged to $481 billion in Q2 2025, driven by rising demand for high-value, real-time transactions. Businesses and banks are leveraging the upgraded $10 million limit to streamline portfolio transfers, real estate deals, and B2B payments—boosting both speed and confidence in instant settlement.

RTP
article thumbnail

2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Real-Time Payments (RTP) & Instant Payments Overview : Real-Time Payments (RTP) systems allow funds to transfer instantly between bank accounts, offering 24/7 availability, even outside standard banking hours. Faster Payments (U.K.), Popular Examples : Interac e-Transfer (Canada) , Zelle (U.S.),

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

RTP® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation

Fintech Finance

The RTP network has achieved a major milestone, surpassing 1 billion payments just 18 months after crossing the 500 million transaction mark. This extraordinary increase reflects the growing demand for faster, more transparent, and always-available payment solutions from consumers, businesses, and the financial community.

RTP
article thumbnail

Drivers seek digital payment options

Payments Dive

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Drivers seek digital payment options Digital payments are on the rise, but toll road payments are lagging behind. Here’s why.

article thumbnail

inDrive Launches First Fully Embedded Pix Payment Experience in Brazil

Fintech Finance

With technology provided by Belvo , the new feature – an innovation in the Brazilian Ride Hailing and Delivery landscapes – brings an integrated, peer to peer, safe and effortless digital payment option into the inDrive app.

RTP
article thumbnail

Unlocking Instant Inbound Payments: Cross River Launches Request for Payment Solution

Trade Credit & Liquidity Management

From a Press Release dated June 9, 2025, Fort Lee, NJ Cross River Bank has launched its Request for Payment (RfP) solution, a new feature designed to enable secure, real-time inbound payments via the RTP® (Real-Time Payments) network.

article thumbnail

Real-Time Payments and the Future of Cross-Border Transactions: What Businesses Need to Know

Finextra

But the rise of real-time payments (RTP) is changing that. Whether its B2B payments or gig economy payouts, RTP is the future of global money movement. Digital entertainment platforms that operate outside a user’s home country rely on real-time payments to stay competitive.