Report: Request For Payment Seen By Banks As Real Time Payments Game Changer

Businesses waiting to get paid can face significant financial struggles, but immediate payment methods have helped cut out delays that saw firms waiting for checks in the mail or for funds to settle into bank accounts. Push payments sent over immediate transfer systems like the The Clearing House (TCH)’s Real-Time Payments (RTP) network can streamline these exchanges, and firms that have relied on pull payments also want access to such speeds and convenience.
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