1. When will RTP Send be available? We expect to pilot RTP Send functionality capability later this year followed by general availability.
2. What products will be leveraged to receive Real-Time Payments? CashManager OnLine, BAI Transmission, Commerce Gateway Receivables and SBO solutions will enable you to view your RTP transactions.
3. When will I be able to send more than $25,000? At this time, at an industry level, there's no immediate plan to increase the limit in 2018.
4. Are there fraud prevention solutions with RTP? When sending payments, RTP-participant Financial Institutions are required to utilize multi-factor authentication and real-time fraud and risk-screening measures prior to sending RTP transactions.
5. If I have questions about RTP, whom do I contact? Please contact your Treasury Sales Consultant or call our Client Support Team at 800-774-8179.