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RTP payment volume up 94% in 2024

TCH has 840 FIs in its network; FedNow has 1,100

Vaidik TrivedibyVaidik Trivedi
January 9, 2025
in Payments
Reading Time: 3 mins read
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The Clearing House’ Real Time Payments network grew 94% year over year on a dollar basis in 2024 as it continued to benefit from the Federal Reserve’s marketing of FedNow. TCH moved $246 billion on its network in 2024 and increased transaction volume by 38% YoY to 343 million transactions, according to a Jan. 8 […]

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Tags: FedNowPremiumreal-time paymentsThe Clearing House
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