RTP® Network Has Billion Dollar Day
The RTP® network, the real-time payment system that powers a growing and diverse corporate and consumer user base, set new records in Q2, including a notable $1 billion in payments in a single day.
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The RTP® network, the real-time payment system that powers a growing and diverse corporate and consumer user base, set new records in Q2, including a notable $1 billion in payments in a single day.
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The RTP® network is ensuring no one has to wait for their money, especially in 2024. The RTP system, which gives access to account holders’ money immediately, has set new records in Q1 including overall volume and value, a record volume month, and the most transactions in a single day.
Transaction volume on EPN®, the ACH network from The Clearing House, grew 8% in 2023, outpacing the broader ACH market and continuing impressive yearly growth. In 2023, EPN processed over 19 billion transactions worth $52.4 trillion.
The Clearing House and Bank Policy Institute comment on proposed Section 1033 rulemaking.