Real-Time Payments system

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf gptkb:city
gptkbp:adoptedBy gptkb:Australia
gptkb:India
gptkb:United_Kingdom
gptkb:United_States
gptkbp:alsoKnownAs RTP system
gptkbp:benefit improves cash flow
reduces payment delays
supports digital economy
gptkbp:enables peer-to-peer payments
business-to-business payments
consumer-to-business payments
government payments
gptkbp:example Faster Payments Service (UK)
IMPS (India)
NPP (Australia)
The Clearing House RTP (US)
gptkbp:feature 24/7 availability
final and irrevocable payments
immediate fund transfer
gptkbp:features fraud detection
authentication protocols
https://www.w3.org/2000/01/rdf-schema#label Real-Time Payments system
gptkbp:operator central banks
private payment networks
gptkbp:purpose enable instant money transfers
gptkbp:regulates subject to financial regulations
gptkbp:technology ISO 20022 messaging standard
gptkbp:usedBy banks
financial institutions
gptkbp:usedFor real-time settlement of payments
gptkbp:bfsParent gptkb:The_Clearing_House
gptkbp:bfsLayer 5