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Stories: Payment rails

Diagram of two parallel payment rails, FedNow settling in a Federal Reserve master account and RTP settling in a prefunded account, with shared traits: 24/7, final, ISO 20022 and a $10 million network ceiling
FedNow ·

FedNow vs RTP for Developers: Two Instant Rails, Two Rulebooks

FedNow and RTP both settle instantly, 24/7. Their rulebooks, settlement, naming rules and fees differ.

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