Executive Insights: The State of Real-Time Payments

New research shows businesses are ready and willing to adopt RTP—so, what’s holding adoption back?

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, and much more about the state of RTP.

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.

Authored By

Major Bottoms Jr., Senior Research Consultant

Major Bottoms Jr.

Senior Research Consultant

Fred Fuller, Director, Business Development & Account Management, Levvel

Fred Fuller

Senior Director

Anna Barnett, Research Senior Manager

Anna Barnett

Research Senior Manager

How can this report help you?

  • See how current distribution of payment methods creates organizational struggles
  • Learn the current level of utilization and understanding of RTP
  • See what organizations find most appealing about RTP
  • Common RTP adoption barriers and challenges
  • Use cases for RTP (business, retail, and banking)
  • Action items and roadmap to increase RTP adoption (for FIs and software providers)
report-preview

Executive Insights: The State of Real-Time Payments

New research shows businesses are ready and willing to adopt RTP—so, what’s holding adoption back?

Read the Report

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