The Benefits of Going Digital (Real Time Payments)

BNY Mellon and Transcard have partnered to bring Real-time Payments to the U.S.

What's so great about Real-time Payments?
- No one can touch them from initiation to settlement
- Payments are irrevocable and immediately settled (no after the fact reconciliation!)
- They drive efficiency and cost reduction
- Parties have the ability to communicate with each other