Real-Time Payments (RTP) Systems in the United States – How Can U.S. Banks Prepare?

Publish date:

Real-time posting and settlement has been one of the areas witnessing significant development in the recent past. Globally, several markets have adapted real-time payment systems. However, the U.S. lacks a comprehensive nationwide real-time system for low value payments, although it has a well established Real-Time Gross Settlement (RTGS) System for high value transactions. Hence, it […]

Real-time posting and settlement has been one of the areas witnessing significant development in the recent past. Globally, several markets have adapted real-time payment systems. However, the U.S. lacks a comprehensive nationwide real-time system for low value payments, although it has a well established Real-Time Gross Settlement (RTGS) System for high value transactions. Hence, it is imperative for the U.S. to implement a real-time system for retail payments. In such a scenario, it becomes a strategic necessity for the U.S. banks to adopt and migrate to such a system

rtp_systems_in_the_unit...

File size: 2.31 MB File type: PDF
cookies.

By continuing to navigate on this website, you accept the use of cookies.

For more information and to change the setting of cookies on your computer, please read our Privacy Policy.

Close

Close cookie information