As businesses and consumers continue to demand faster payments, the adoption of real-time payments is on the rise. Real-time payments enable payers to send a secure payment with nearly instantaneous confirmation of receipt, around the clock, 365 days a year – which helps improve customer satisfaction, reduce costs, meet payment deadlines, and streamline internal processes. Real-time payments are about more than just speed, as they also include detailed payment information, which offers transparency and can enhance reconciliation.
As a founding member of The Clearing House’s Real-Time Payments (RTP®) network, PNC has been at the forefront of RTP since 2017 and continues to provide innovative solutions to simplify and streamline the adoption of immediate payments for clients.
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PNC is here to help you learn more about how immediate payments can improve business processes and drive performance. For more information, reach out to your PNC Treasury Management Officer, or contact us.
Faster payments help businesses improve customer satisfaction, reduce costs, meet payment deadlines, and streamline internal processes.
That's why demand for fast, safe, and reliable ways to send and receive money has grown dramatically in the past five years. At the same time, PNC has been at the forefront of payments innovation. As a payments leader, PNC provides value-added solutions designed around client needs to bridge the gap from traditional payments, such as checks, ACH, and wire transfers, to immediate payments, including real time payments or RTP.
RTP enables payers to make an immediate secure payment with real time confirmation of receipt 24 hours a day, seven days a week, 365 days a year. But beyond speed, the network also allows users to include detailed payment information with each transfer to enhance accuracy, transparency, and reconciliation.
Early leadership, demonstrated expertise, and continuous innovation have put PNC at the forefront of RTP. And we continue to provide innovative and safe solutions to simplify and streamline the adoption of immediate payments for clients.
As a leader in RTP and the immediate payments industry, discover how we can partner with you to provide solutions that optimize the payment experience for you, your business, and your customers.