Early Warning Services and The Clearing House Now Enable Zelle® Payments on the RTP® Network
Bank of America and PNC Bank first to send Zelle® payments over the RTP® network
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NEW YORK & SCOTTSDALE, Ariz., Feb. 25, 2021 /PRNewswire/ -- Early Warning Services, LLC and The Clearing House (TCH) today announced Zelle® transactions can now be cleared and settled over the RTP® network.
"Demand for faster payments has never been higher, and today's integration milestone eliminates lengthy and costly legacy processes that have long been barriers to many real-time payment settlements between financial institutions," said Lou Anne Alexander, chief product officer, Early Warning Services. "Our combined foundation will provide all financial institutions an easy solution for new and emerging business use cases, including bill pay."