UK-based AccessGateway has announced they will work with The Clearing House (TCH) to link U.S. banks to a new national real-time payments system under development.
The announcement comes several weeks’ after TCH revealed that work had commenced on building the industrial-strength payments system, which once completed will be the most comprehensive real-time payments system ever developed.
The Clearing House first announced it would develop the real-time system in October 2014 and spent more than a year designing the capabilities of the new system.
Once the TCH Real-time Payment system is live, banks will be able to connect to the new infrastructure using the Gateway+ real-time payments system gateway solution provided by AccessGateway and others.
For a complete archive of more than 60,000 articles published since 1995 search the CardFlash.com library.