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Real-Time Payments Are Soaring In The U.S.

Tom Groenfeldt

By Tom Groenfeldt Follow Author Share Save Comment Innovation Enterprise Tech Real-Time Payments Are Soaring In The U.S. was slow getting to real-time payments , but the businesses and individuals are taking them up in a big way, using primarily the private sector RTP rails from The Clearing House (TCH). getty The U.S.

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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. When the RTP network exceeded the 1 billion payments mark on Friday. The RTP network, operated by The Clearing House , has revolutionized the way money moves.

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Higher Limits Power B2B Real-Time Payment Volumes

Trade Credit & Liquidity Management

The Clearing House raised the real-time payments (RTP) transaction limit from $1 million to $10 million in February 2025. Impact on B2B Payments Being one of the owners of The Clearing House , BofA played a significant role in developing the RTP® network in consultation with peer banks, technology firms, and the U.S.

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The future of card-based payments in a real-time world: What banks can do to stay ahead

Finextra

The rise of Real-Time Payments (RTP) However, that dominance is no longer guaranteed. A quiet revolution is underway, and it’s being led by Real-Time Payments (RTP) - systems that enable the instant transfer of funds between bank accounts, 24/7, with settlement occurring within seconds. I don’t believe so.

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U.S. Faster Payments Council Shares Results from 2025 Faster Payments Barometer

Fintech Finance

The results reflect growing adoption of the FedNow Service and RTP Network and an expanding array of use cases in both consumer and business contexts. Overcoming cost and interoperability hurdles through innovative solutions will be key to sustaining this momentum and delivering on the promise of faster payments.

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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.

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BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments

Fintech Finance

As one of the owners of The Clearing House , Bank of America played a significant role in developing the RTP® network in consultation with peer banks, technology firms and the U.S. “RTP payments embody some of the most commonly requested features from our customers – convenience, transparency and resiliency.”