Current bank to bank payment solutions are prohibitively expensive (e.g. wire transfers) or take days to settle (e.g. ACH). Checkbook's real-time payments solution is helping to bring US-based bank payments to the 21st century with instant, round the clock settlement 365 days a year.
Today, the RTP network’s real-time payment capabilities are accessible to over 70% of US bank accounts.
Checkbook’s real-time payments post instantly to your recipient's bank account, 24 hours a day, 7 days a week.
First launched in 2017, the RTP network brings a much needed upgrade to the domestic payments infrastructure. While bringing innovations in payments speed and convenience, the RTP® network is supported at the financial institutions you already use.
Because the RTP network uses routing and account numbers for routing payments, it’s easy to upgrade existing ACH processes.
No need to worry about reconciling or chargebacks. Real-time payments allow for immediate and final settlement.