Instant Payments May Give Credit Unions a Deposit Growth Advantage

Banks have generally measured instant payments by transactions: how many customers use them, how much money moves and how quickly payments arrive. An example from Amplify Credit Union adds another measure: deposit growth. Business accounts that received at least one instant payment grew 25% faster after Amplify enabled receive-only capabilities on The Clearing House RTP […] The post Instant Payments May Give Credit Unions a Deposit Growth Advantage appeared first on PYMNTS.com .