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Faster and real-time payment initiatives broke new ground in 2017, but so far, B2B payments has yet to really find its place in an accelerated world.
In December’s PYMNTS Faster Payments Tracker, powered by NACHA, the numbers on faster payments in the U.S. presented a clear picture of growing adoption of the capability. 2017 was the year that The Clearing House’s (TCH) Real-Time Payments (RTP) system went live, and NACHA said nearly 2 million same-day ACH debits were made in the first 11 days of the service.
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