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Real Time Payments

As the world races towards financial digitization, Real-Time Payments (RTP) in the United States have taken center stage.

What are Real Time Payments?

Real-Time Payments (RTP) represent a transformative shift in the way money is transferred between accounts. Unlike traditional methods, which may involve delays or batch processing, RTP enables the immediate transfer of funds between accounts, 24/7, 365 days a year. This immediate nature of transfer means that the funds are available for the recipient to use instantly.

Developed by The Clearing House, a banking association and payments company, the RTP network in the United States is designed to support not only the instant transfer of payments but also the real-time transmission of invoice details and confirmation receipts, thus enhancing transparency and efficiency in financial transactions.

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Does Cybrid Support RTP?

Yes, we support Real-Time Payments!

We are committed to providing our clients with the most innovative and efficient payment solutions. This is made possible through our For Benefit Of (FBO) accounts, which allow us to facilitate RTP transactions seamlessly.

Our capability to support RTP transactions is anchored in our sponsoring bank's membership in the RTP network. This collaboration empowers us to bring you real-time transactional capabilities, enhancing your financial operations' speed, security, and convenience.

Eager to learn more about our RTP support and how it can revolutionize your payment operations? Book a meeting and let's explore how Cybrid can drive your business towards financial innovation and efficiency for global payments.

What US Financial Institutions Support Real-Time Payments?

Many businesses and engineering teams often grapple with the question - "Is my bank RTP-enabled? Can I conduct RTP transactions?"

To help address these questions, we've delved into publicly available resources to collate information about banks that currently support RTP transactions. For a more exhaustive list of RTP Network Participating Financial Institutions, visit The Clearing House's website.

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