Remove Payee Remove Real Time Payments Remove RTP
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The Clearing House’s Strategies To Drive RTP Uptake

PYMNTS

Consumers and businesses do not want to use new payment networks unless they believe others are already using them, creating a chicken-and-egg problem. Payers have to know that payees will accept certain payment methods before making purchases, and payees do not want to invest until they know payment instruments are in demand.

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The Clearing House: RTP Network Drives New Use Cases, Creates Value For SMBs This Holiday Season

PYMNTS

The Clearing House 's RTP network is now several years old, and while the real-time payments capability is gaining traction, adoption in the B2B landscape remains muted. Indeed, it can be difficult for businesses to change their payment habits. This is a new payment system," he noted.

RTP 82
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Huntington Now Offers Real-Time Payments For Consumers, SMBs

PYMNTS

Regional bank holding company Huntington is now using the RTP network, meaning it now has a new real-time payments option to help people get money nearly instantly, according to a press release. RTP is offered through The Clearing House and is touted as the first new payments rail in the U.S.

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Real-Time Payments Survey Reveals Growth in Usage - and Scams

FICO

According to FICO’s latest survey of consumers from 14 countries around the globe, 90% of all consumers have sent a real-time payment, and at least 95% of consumers have used real-time payments in India , Indonesia , the Philippines , and Brazil.

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PNC’s Treasury Unit Joins RippleNet For Cross-Border Payments

PYMNTS

As members of the network, corporate customers of PNC Treasury Management will be able to receive cross-border payments, the FI said, adding that the solution can help them receive payments against their invoices more quickly for streamlined accounts receivable.

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Deep Dive: The Benefits And Challenges Of Real-Time Push Payments

PYMNTS

This month’s Deep Dive explores how push payments speed transactions, as well as the benefits and potential challenges of their use in real-time payment systems. Common forms of pull payments include debit cards and paper checks. Pull payments do carry risks for both merchants and payers, however.

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Mobile Banking Payments Evolve with More Payment Alternatives and Virtual Assistant-Supported Transactions

Fintech Finance

“Simultaneously, the evolution of mobile payment options is a response to a wider range of consumer needs and expectations, including alternatives for various types of payees and recipients, transaction types, and faster delivery.” One area mobile banking lags is Real-Time Payments (RTP).