Orbipay Payments Hub for instant payments
Real-time, 24/7, fully visible payments
Stay ahead of the competition—don’t wait on your core provider. Offer instant payments now, using TCH’s RTP® network, FedNow® Service, and Visa Direct payment rails and deliver real-time frictionless (Send and Receive) transactions
Modernize your payment systems with instant payments—no overhaul needed. Our modular framework enables quick, cost-effective deployment with pre-built connectors for your existing systems. Boost efficiency and user experience and gain cross-rail visibility into payment performance, cash flow, and liquidity—all in a short time and without major changes or high costs.
Key benefits
Unified Payment Processing and Settlement
Consolidate payment processing, orchestration, and settlement for all payment types through a single system. Centralized processing and analytics lower processing costs and improve operational efficiencies.
Fast Time to Market
Easily meet customer demand for real-time payments with our ready-to-deploy technology and fast implementation, that fully integrates with YOUR financial system landscape.
Cut Payment Silos
Centralized Operations and reporting allows truly unified, omnichannel back-office operations and exception management functions through a single interface
Future-Proof Your Payments Infrastructure
Built from the ground up, ISO 20022 compliance, and optimized for scale and performance. Open APIs and microservices-based architecture provide limitless possibilities to create differentiated, faster payment products and experiences.
Why choose Orbipay Payments Hub for instant payments
Proven Expertise
Alacriti is one of the largest processors on the RTP network, and is among the first to achieve FedNow® certification and have live customers. With Alacriti, banks and credit unions go live with FedNow and TCH RTP and Send and Receive payment capabilities simultaneously. Our unique approach has led to more live instant payment Send customers than most competitors.
Comprehensive Management and Orchestration
The Orbipay Payments Hub streamlines all payment rails, both traditional and instant, from initiation through clearing and settlement reducing operational costs and simplifying workflows for staff. It offers transparent end-to-end multi-rail management, orchestration, and intelligent routing for instant payments, wire, and ACH.
Smart Routing Fits Your Needs
The Orbipay Payments Hub automatically selects the best route and payment options based on dynamic rules set by your organization—like cost, speed, reliability, and liquidity. Smart routing drives growth, reduces cost, and bolsters end-consumer experience.
Automate and Streamline Payment Flows
Orbipay payments hub delivers end-to-end automation of payment workflows, including pre-processing and post-processing. From exception and document management automation to full flexibility to set your own business rules-based automation.
Case Study
Royal Credit Union
$800k
In deposits within the first 30 days of instant payments
$15.5MM
Processed across 20,000 transactions in its first 3 months
One platform, infinite possibilities
Discover the difference in payments experience Orbipay Payments Hub can deliver
Frequently Asked Questions (FAQs)
How do instant payments work?
Instant payments (also referred to as real-time payments) process and settle transactions in seconds, 24x7x365. Once initiated, funds are moved and made available to the recipient almost immediately, unlike ACH or batch-based systems that can take hours or days.
This real-time nature requires financial institutions’ backend systems to operate continuously and be able to support open-loop, ISO 20022-enabled networks like the RTP network and the FedNow Service.
What are some examples of instant payments in the US?
RTP Network by The Clearing House:
Launched in 2017, RTP was the first U.S. real-time payments network. It now reaches 70% of all U.S. demand deposit accounts and supports high-volume, real-time transactions. The current transaction limit is $1 million.
The FedNow Service by the Federal Reserve:
Launched in 2023, FedNow provides 24x7x365 instant payments directly through the Federal Reserve Banks. It supports real-time credit transfers, RFPs (Request for Payment), and is also increasing its transaction cap to $1 million by Summer 2025.
Other notable systems:
- Zelle® (partially real-time if RTP-connected)
- Venmo, Cash App (instant in-app but not open-loop)
- Wire transfers, Push-to-Card (near-instant but not open-loop RTP)
What’s the difference between instant payments and real-time payments?
These terms are often used interchangeably, but:
Real-Time Payments refer specifically to networks that initiate, clear, and settle transactions within seconds (e.g., RTP network, the FedNow Service). Real-time payments are irrevocable once sent and offer real-time confirmation for both the sender and receiver.
Instant Payments is a much broader category, sometimes including near-instant solutions like push-to-card or Zelle (when not using RTP). Some ‘instant solutions’ are faster from a user perspective but aren’t truly real-time or settled immediately.
The key features of real-time payment systems include:
- 24x7x365 availability
- Open-loop architecture (funds drawn directly from accounts)
- Use of ISO 20022 for rich data exchange
What advantages do instant payments offer?
Instant payments offer a range of advantages that benefit both consumers and businesses.
- Speed: Settlement in seconds
- Availability: Always online, even on weekends and holidays
- Cash Flow: Better liquidity management for businesses
- Transparency: Immediate confirmations reduce uncertainty
- Cost Savings: Reduces reliance on checks and mail
- Security: Built-in fraud prevention and rich data messaging standards
For example, government disbursements like stimulus checks delivered electronically save time and money, while ensuring faster access for recipients.
