Real-Time Payments (RTP) from The Clearing House is the first new payments rail in over 40 years. This immediate, frictionless payments network appeals to financial institutions (FIs) and businesses alike, with the potential of RTP serving organizations’ top payments pain points. So why has adoption been slower than expected?
Levvel’s research and industry experts recently spoke to hundreds of professionals with knowledge of their organization’s financial processes at various seniority levels across various industries, outlining adoption barriers, use cases, and solutions for RTP.
Continue on to see our executive insights from today’s data on how many organizations see the benefits to RTP and what percentage plan to implement it in the next two- to three years, the significant role FIs and back-office software providers have in educating organizations on RTP’s use cases and what implementation entails, and much more about the state of RTP.
Major Bottoms Jr.
Senior Research Consultant
Research Senior Manager
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