US Real-time payments

Access US Real-time Payment schemes 

Real-time payments are rapidly becoming the new normal across the US, either via RTP or the soon-to-launch FedNow. Join one of the world’s the fastest growing instant payment communities and reduce payment times from days to milliseconds.

Access US Real-time Payment schemes 

Real-time payments are rapidly becoming the new normal across the US, either via RTP or the soon-to-launch FedNow. Join one of the world’s the fastest growing instant payment communities and reduce payment times from days to milliseconds.

TCH RTP - Direct

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Who is it for?

The US Real-time payment connectivity option for Direct Settling Participants is available to credit institutions eligible to hold direct membership of TCH.

How does it work?

Customers using this access model are provided with direct technical access, through our single stack of API to the TCH RTP clearing system to exchange messages as a clearing participant. Settlement happens on the participants settlement account where our customers manage their own liquidity in this prefunded system.

In addition, our Intelligent routing function allows for transactions to be automatically routed to either alternative real-time payment schemes (FedNow) or via ACH for same/next day delivery.

TCH RTP - Indirect

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Who is it for?

The US Real-time payment service for Direct Non Settling Participants (DNSP) is available for regulated financial institutions (credit institutions and other). This Access Model brings the DNSP Participant as close as possible to the clearing system without the need to hold a settlement account or direct membership of the TCH RTP clearing.

How does it work?

Customers using this access model are provided with the benefits of direct technical access to the TCH RTP clearing system. In collaboration with a partner bank, messages are exchanged in such a way that this is experienced as if they were direct participants, same messages and same speed. Settlement happens on a settlement account held with the partner bank where our customers manage their own liquidity with the partner bank.

FedNow - Direct

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Who is it for?

The US Real-time payment connectivity option for Direct Settling Participants is available to credit institutions eligible to hold direct membership of FedNow.

How does it work?

Customers using this access model are provided with direct technical access, through our single stack of API to the FedNow clearing system to exchange messages as a clearing participant. Settlement happens on the participants settlement account where our customers manage their own liquidity in this prefunded system.

In addition, our Intelligent routing function allows for transactions to be automatically routed to either alternative real-time payment schemes (TCH RTP) or via FedACH for next-day delivery.

Deliver the world of Real-time payments to your customers

The US payments landscape is moving at pace with the emergence of new technologies, changing regulation and consumer demand. Deliver faster, easier and more efficient payment solutions to your customer.

Fast and efficient

Real-time payments are a fast and efficient way to process US payments 24x7/365

Instant Clearing

Achieve fund clearing in seconds with real-time notifications. Settlement and reconciliation within the same business day 

Seamless implementation

Fast-track to instant payments with our comprehensive implementation service

Comprehensive Scheme Testing

Hands-on testing and simplified tech development using our sandbox and simulator environment 

Insulate from Scheme Change

Form3 is independent of scheme messaging and shields customers from continuous technical scheme or rule changes

Full suite capabilities 

Easily add other TCH and Federal Reserve real-time and ACH services as you grow further

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