Real-time payments offer benefit to all. Individuals gain in terms of convenience and certainty of payment. Businesses can improve financial reconciliation and cash management.  Both banks and business can achieve true straight-through processing as payments are made with certainty and without costly manual intervention. 

Real-time payments are non-repudiable and secure. For banks that means a reduction in failed payments and fraudulent transactions. For bank customers it means increased convenience, certainty of payment and improved financial control. Self-service payments become a reality, enabling payments to be checked immediately and, if necessary, repaired instantly by the payer, rather than the bank

Real-time provides a modern platform for innovation, supporting ever growing customer demands, supporting the expansion of electronic payments and the decline of cash and cheques.

Real-time payments reduce the number of activities necessary to complete payments. Over time, bank customers will inevitably choose to move to self-service.