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RTP has showcased its ability to help customers pay providers for received services, but such systems offer more than immediate, final and irrevocable transactions. Customer-to-business (C2B) bill payments aren’t the only transfers made simpler by RTP. Real-Time Utilities Payments . How RTP Has Changed the Bill Payments Game.
Whether payments are moving between individuals (peer to peer, or P2P) or between consumers and businesses (C2B), they flow most easily from like to like — for instance, if the sender wants to use PayPal, the recipient must also have an account. That’s why ubiquity is so desirable. But in an ecosystem like the one in the U.S.,
Instantly, and irrevocably. Early Warning, which bought clearXchange , is expanding its banking network to enable real-time solutions between banks for B2B, B2C, C2B and C2C solutions. Here in the U.S., The Clearing House says it will have something in market by the end of the year.
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