Real-Time Payments
Send Real-Time Payments
Checkbook’s real-time payment solution utilizes the RTP network provided by The Clearing House. Unlike ACH, RTP is a real-time payments platform that allows recipients to receive funds directly into their bank account in less than 60 seconds.
Features
Instant Payments for All
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.
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Broad acceptance
Today, the RTP network’s real-time payment capabilities are accessible to over 70% of US bank accounts.
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Instant settlement
Checkbook’s real-time payments post instantly to your recipient's bank account, 24 hours a day, 7 days a week.
Recipients
RTP Is Growing
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.
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User friendly
Because the RTP network uses routing and account numbers for routing payments, it’s easy to upgrade existing ACH processes.
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Finality of settlement
No need to worry about reconciling or chargebacks. Real-time payments allow for immediate and final settlement.
More payment rails
