Volante processed the first-ever US RTP transaction
Real-time payments are here. The Clearing House RTP® network enables consumers and businesses to exchange funds immediately, at any time. This is a once-in-a-generation competitive differentiation opportunity for financial institutions.
It’s all about value-added services. There are many strong use cases for RTP®, such as real-time integrated payables and bill payment using Request For Pay. But to deliver these services and develop new customer experience solutions, banks need to easily connect to RTP® .
It’s time for RTP as a service in the cloud. In the past, adding a new payment scheme and enabling 24x7x365 real-time operation required high upfront costs and long integration projects. Volante’s US Real-time Payments as a Service eliminates the drawbacks of legacy approaches, allowing banks to join the real-time revolution quickly and at low cost.
TAB Bank, a full-service digital bank that services SME customers in all 50 US states, selected Volante’s cloud-native US Real Time Payments as a Service to help the bank provide real-time payments to its customer base over The Clearing House RTP® network.
An end-to-end solution for the entire real-time payment processing lifecycle, from initiation through to clearing and settlement connectivity, managed as a service in the cloud.
We are creating the building blocks for an integrated payments ecosystem both for today’s needs and for the next generation. This approach allowed us to be first to market with RTP and will also serve us well over the long term
With Volante we can ride the real-time payments wave and be an early adopter without any of the technical hurdles associated with launching a real-time payments offering
Through Volante, financial institutions will be able to participate on the RTP network and capitalize on these opportunities without a huge investment or a huge technical lift.
Volante Technologies…delivers significant advantages to clients who are looking to optimize the use of cloud technologies and benefit from a reduction in hardware and software costs
Request more information about Volante U.S. Real-time Payments as a Service