Orbipay Payments Hub for RTP®
Easily deploy the RTP network with integration into your existing infrastructure
Orbipay Payments Hub for RTP® enables you to gain access to instant payment rails such as TCH’s RTP® network, quickly and easily deployed. This solution helps you deliver modern money movement experiences, maintain PFR (primary financial relationship) status, and reduce the risk of deposit displacement and customer churn
Explore Orbipay® Payments Hub
The consumer payments value proposition has shifted from traditional payments to real-time payments. Customer expectations around speed, convenience, and security of payments are increasing, and financial institutions must either deliver on real-time or risk damaging their revenues and reputation.
Legacy payments technology at financial institutions is simply not capable of meeting the market demands of modern real-time payments across B2B, B2C, and C2C. To address this challenge, Alacriti has been in partnership with The Clearing House (TCH) since October 2020 to help foster real-time payment adoption for financial institutions.
Key benefits
Cost Savings
Implementing instant payments can lead to a decrease in net payment system costs over 5 years1.
Revenue Opportunity
Offering instant payments creates a new revenue channel for your financial institution, driving the ability to make additional loans.
Unified Payment Processing and Settlement
Consolidate payment processing, orchestration, and settlement for all payment types through a single system. Centralized processing helps to lower processing costs and improve operational efficiencies.
Future-Proof Your Payments Infrastructure
Drive payments modernization and data-driven innovation powered by ISO 20022-based messaging standards that support seamless interoperability between payment schemes.
Agile Cloud-Based Platform
Built from the ground up and optimized for cloud scale and performance. Open APIs and microservices-based architecture provide limitless possibilities to create differentiated, faster payments products and experiences.
Customer Experience
Increase accountholder satisfaction. Speed isn’t the only value for today’s customer. The 24/7/365 nature of real-time payments is also key. 53% of RTP network transactions are done outside of business hours.
Why choose Orbipay Payments Hub for RTP®?
Proven Expertise
Alacriti is one of the largest processors on the RTP network, bringing extensive experience and reliability to your real-time payment operations.
Efficiency
Orbipay Payments for RTP is a part of the Orbipay Payments Hub, which streamlines all payment rails (both traditional and instant), reduces operational costs, and simplifies workflows for staff.
Comprehensive Management
Centralizes management, orchestration, and intelligent routing across multiple payment rails, including Fedwire®, the FedNow® Service, Visa Direct, and ACH.
Future-Proof
Drive payments modernization and data-driven innovation powered by ISO 20022-based messaging standards that support seamless interoperability between payment schemes, including the RTP network and the FedNow Service, which are already using ISO 20022.
Enhanced Security
Unified visibility to fraud and compliance as well as consistent business rule enforcement across all payment rails.
Fast Time to Market
Deliver on customer expectations for convenient real-time payment experiences with a provider that already has the technology ready and can provide fast implementation.
Flexibility
Our SaaS payments hub provides you with the flexibility to choose the rails you want and when you want to add them—they don’t have to be added all at once. Our pricing model scales with you, eliminating the need for large upfront investments. Because Orbipay Payments Hub is cloud-based, it provides a lower operational cost to load and maintain software and an increase in speed and flexibility in terms of additional volumes.
Open APIs
Through the use of open APIs, Orbipay Payments Hub for RTP can be integrated with many banking cores and digital banking systems, making it possible to keep your legacy core yet have a modern payments solution. Open APIs are necessary for everything from integrating the core to providing customer-facing pages for use cases.
Not sure what TCH's RTP Network is all about?
Elevate your financial institution’s payment capabilities and meet the growing demands of modern consumers. With Orbipay Payments Hub for RTP®, you can access instant payment rails, streamline operations, and enhance your customer experience.
Case Study
Veridian Credit Union
245%
Growth in RTP transactions
263%
Growth in RTP send
11
weeks – Time to deployment of solution
