Off the Rails from the U.S. Faster Payments Council - FPC cover image

27 July 2023 Jim Colassano of The Clearing House on the RTP Network, Interoperability, Instant Payments Use Cases, and Indiana Jones

Off the Rails from the U.S. Faster Payments Council - FPC

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The RTP Network and the Clearing House

The RTP network is now into its sixth year of continuous operation. At the present time, we have a little over 350 financial institutions and credit unions on the network. We are currently on the cusp of processing our 500 millionth payment since we opened up the network. And that is coming from about 150,000 individual and discrete business originators on the network - 3 million consumer originators.

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