REAL-TIME PAYMENTS: NEED FOR SPEED?
When it comes to RTPs, it is not only the speed that brings the highest value, but also other benefits like the irrevocability of the transaction and its 24/7 availability, and potentially the role it can play in increasing customer satisfaction and loyalty.
There are currently 18 countries that have live RT-RPS systems in place and 12 in which these solutions are under development or being considered or planned. In addition, 19 Eurozone countries are exploring how a pan-European RT-RPS system could work and what it may look like. This leads to a number of interesting applications.
Discover the BNP Paribas blog here.