With the growing proliferation of real-time payments networks around the world, businesses are increasingly aware of RTP’s advantages over other B2B and B2C payment forms, for a range of payments categories. As more businesses start to use RTP, new use cases will emerge, further driving RTP volume growth.

For more details on these use cases—and on incorporating real-time payments into your business payments systems—please contact your PNC Treasury Management Officer.


Strong Growth Expected for Global Real-Time Payments

56 networks worldwide by the end of 2020[1]

Global real-time payments market to grow at 30.6% CAGR between 2018 and 2025[2]

Business Perceive a Range of Benefits from Real-Time Payments...

Most popular benefits include:

Instant funds availability (70%)[3]

Improved cash flow (59%)[3]

Certainty (59%)[3]

…In Particular for Specific Types of Transactions

Payment categories that benefit most from faster payments:

Last-minute bill pay (57%)[4]

Emergency payroll (38%)[4]

Last-minute accounts payable (24%)[4]

What are some appropriate use cases for RTP?

PNC recommends considering RTP for these common functions:

Business-to-Business (B2B)

Just-in-time or emergency payments

Bill presentment and payment collection

Transfers to reduce outstanding credit line

Payment on delivery for route collections

Business-to-Consumer (B2C)

Rebates, refunds and other consumer payments

Requests for Payments through a secure digital channel

Employee disbursements (e.g., expenses, commissions, tips)

Emergency payroll disbursement