TCH operates core payments systems in the U.S. that clear and settle $2+ trillion each business day through wire, ACH, check image, and instant payments.
India's digital payment system, which processes more than 1 million transactions every two minutes for free now, will start charging fees to merchants.
RfP is at the stage where the technology works but the operational norms are still being learned. However, that is not necessarily a reason to wait.
The Real-Time Payments World Map - September 2026 - A PYMNTS Intelligence and The Clearing House collaboration
While the digital currencies have gained some acceptance, there is a growing interest by financial institutions in tokenized deposits as an alternative.
Adding payment processors is relatively easy. Getting substantially better payment performance from the resulting network appears to be much harder. That
Watch more: Need to Know With Jim Colassano of The Clearing House For banks, connecting to real-time payments was the entry point. Making those payments
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