Articles & Trend Reports

The Growth of RTP and the Potential of Request for Payment

Posted on 21 Jun 2022

In November 2017, The Clearing House (TCH) launched the RTP® network, which completely changed the landscape for faster payments in the U.S. It continues to grow rapidly, with new applications and use cases driving the popularity of real-time payments. In particular, the Request for Payment (RfP) capability is enabling a range of new use cases and opportunities for financial institutions to provide service to their customers.

In an American Banker hosted webinar, attendees heard directly from Keith Gray, Vice President Strategic Partnerships at The Clearing House. Gray and Al Griffin, Product Manager at Alacriti, discussed the new application possibilities of RfP and how financial institutions can use them to their advantage.

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