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Real-Time Payments

The ability to move money instantly, 24/7/365, across U.S. business and consumer accounts

OUR VALUE

BNY delivers more choice, speed and transparency in how to pay and get paid. A single connection to the RTP® network and FedNow® Service allows users to send and receive irrevocable digital payments, exchange richer payment messages and strengthen controls with AI-enabled anomaly detection, validation services and secure operations.

PRODUCT HIGHLIGHTS

Eligible payments can be settled in seconds, any time of day, with no cut-off times. This reduces returns and exceptions, improves straight-through processing and enables the exchange of richer payment information that helps all parties act faster.

A Single Connection

The RTP® network and FedNow® Service are accessible through one connection for instant settlement, 24/7/365 availability and irrevocable payments.

Complete Payment Support

Our instant payment solution streamlines collections and payments, reduces manual work, improves accuracy and provides real-time transparency.​

Advanced Payment Security

AI-enabled payment and account validation services verify data against compliance requirements before and after payment submission in real-time, reducing risk and delays.

BENEFITS AT A GLANCE

Payments and related messages can be sent and received across the RTP® network and FedNow® Service through one JSON API or online experience. Designed to integrate with ERP systems and treasury workstations, the solution helps simplify workflows and improve liquidity management.

Lower Costs

Fewer returned payments, automated receiveables and less operational friction help cut costs for paper, exception and manual processing.

Increased Speed

Users have better access to funds, are able to make stronger working capital decisions and gain more precise control over payment timing with 24/7/365 processing.

Better Control

We deliver real-time visibility into payment activity to support reconciliation, exception management and more efficient treasury operations.

READY TO TALK ABOUT
WHAT'S NEXT?

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