The Business Principles for the RTP® Network outline how TCH will operate and maintain the newest core payments rail to be introduced in the U.S. in more than 40 years. The Business Principles state that all federally insured U.S. depository institutions are eligible to directly participate in the RTP network, and that RTP fees shall continue to be flat for all participants regardless of size, and shall not include volume discounts or minimum volume requirements. Learn more.
"As a founding member of Financial Data Exchange, we look forward to working with cross-industry participants on developing and adopting this critical standard," said Peter Davey, head of innovation at The Clearing House. "This work is a top priority in The Clearing House’s initiatives to improve financial data sharing practices with the goal of giving more security, control and transparency to the customer." Learn more.
Members of the RTP® Corporate Advisory Group say they are now ready for payments on the RTP network, are convinced that RTP payments will change their industry, and are starting to act accordingly. Learn more.
The RTP® network from The Clearing House is a real-time payments platform that all U.S. financial institutions are using for payments innovation. Learn more.
The Clearing House Association is a leader in payments advocacy, maintaining its historic depth and breadth of engagement with policymakers, regulators, media, academics, and the industry. Learn more.