Receive Money Faster with Real-Time Payments
Posted On: November 3, 2023 by CSE Federal Credit Union in: CSE, CSE News, Education, General
Receive Money Faster with Real-Time Payments
Real-time payments, often referred to as RTP or Instant Transfers, are a type of electronic transfer that allows money to be moved to and from merchants, vendors, individuals and other financial institutions instantaneously. The system is designed to process these transactions in real-time or near-real-time, which means that the funds are transferred and made available to the recipient typically within seconds. This is significantly...
