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By the end of 2018, the RTP network reached a little more than half of U.S. Last month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payment technologies to community banks. “The While commercial real-time payments became available in the U.S. back in 2017, they haven’t yet hit ubiquity.
Faster payments recently made their American debut, with The Clearing House (TCH) instituting the inaugural transaction on the first new payments and clearing system in the U.S. PNC recently rolled out real-time payments to customers via TCH’s new Real-Time Payments (RTP) network and the Finastra Fusion Payments payments services hub.
Significant challenges remain before the benefits of real-time payments (RTP) really start to show themselves. New RTP Rails. In fact, adoption depends greatly on partnerships to make RTP more accessible. RTP Security. The demand for faster payments is strong in the U.S.,
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