Remove Irrevocability Remove RFP Remove TCH
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Deep Dive: Billing And The Use Of Real-Time Payments

PYMNTS

When The Clearing House (TCH) unveiled the Real-Time Payments (RTP) system in 2017, it propelled swifter payments and brought about the next generation of fund transfers. RTP has showcased its ability to help customers pay providers for received services, but such systems offer more than immediate, final and irrevocable transactions.