Real-Time Payments

Real-time payments refer to a financial transaction system that enables immediate transfer of funds between two parties. Unlike traditional payment methods that involve delays and settlement periods, real-time payments allow for instant and secure transactions, ensuring that funds are available to the recipient immediately. This technology has revolutionized the way businesses and individuals conduct financial transactions, providing convenience, efficiency, and enhanced cash flow management. Real-time payments are increasingly adopted by banks, fintech companies, and payment service providers to meet the growing demand for fast and seamless money transfers in today’s digital economy.