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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. Usage : RTP systems are growing rapidly; India’s UPI processed 74 billion transactions in 2023, while Zelle in the U.S.

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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base. are increasingly linking into the real-time payments infrastructure of the RTP network, according to a new survey by The Clearing House.

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Senators push payments fraud task force

Payments Dive

By Caitlin Mullen • Aug. 9, 2024 Get the free newsletter Subscribe to Payments Dive for top news, trends & analysis Email: Select user consent: By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter.

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Adyen opts for build over buy

Payments Dive

Get the free newsletter Subscribe to Payments Dive for top news, trends & analysis Email: Select user consent: By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. Here’s why.

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Fed’s ISO ‘big bang’ hits next week

Payments Dive

The bank-owned Clearing House also has its private real-time rail, the RTP network, using the ISO standard. The Federal Reserve already put its new real-time payments system FedNow on the standard when it was launched in 2023. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter.

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Drivers seek digital payment options

Payments Dive

By Patrick Cooley • July 24, 2024 Get the free newsletter Subscribe to Payments Dive for top news, trends & analysis Email: Select user consent: By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter.

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Banks, FinTechs Dive Into New Payment Rails For B2B

PYMNTS

Between the Office of the Comptroller of the Currency clearing the way for financial institutions (FIs) to embrace stablecoin, and The Clearing House's latest real-time payments (RTP) push, new payment rails continue to gain traction. s newest payment rails, RTP, FIS and The Clearing House are pairing up with a focus on smaller FIs.