Real-time payments

Guarantee immediate availability of funds

Mastercard’s portfolio of real-time payment solutions fuel the digital agenda and payments innovation for domestic and cross-border payment systems and schemes.

Contact us

To find out more about our real-time payments solutions, contact Kris Kubiena

Email Kris

Real-time payment infrastructure

Instant Payment Service

Instant Payment Service is a real-time clearing and settlement infrastructure with rich messaging capabilities. It powers Faster Payments in the UK, Real Time Payments in the USA, RTPS in Thailand and FAST in Singapore. 

Learn more

Real-time payment applications

Mastercard Send™

Mastercard Send™enables near real-time payments to and from billions of card, bank and digital accounts and cash withdrawal locations in over 100 countries.

Learn more at mastercard.com

Pay by Account

Pay by Account allows people and businesses to make payments online or in-store directly from their bank account. It is live in the UK as Pay by Bank App.

Learn more

Bill Pay Exchange

Bill Pay Exchange allows people to view, manage and pay household and other personal bills within their financial service provider’s mobile app.

Learn more

Real-Time Credits

Real-Time Credits allows financial institutions and merchants to deliver funds directly to a debit card in near real-time.

Learn more

Real-time payment services

Real-time Payments consulting

Technical advice and analysis to support your real-time payments project throughout its lifecycle, from project initiation to effective operation.

Learn more

What are real-time payments?

Real-time payments guarantee immediate availability of funds to the beneficiary of the transaction.

A number of pseudo-real-time payment solutions are available to the market, which post immediately. Major variations occur with the frequency of settlement, which can be in real-time or periodically throughout the day.

What are the benefits of real-time payments?

Real-time payments offer wide-ranging benefits for people, businesses and society.

Real-time payments:

  • guarantee immediate availability of funds to the beneficiary
  • support better cash management and improved liquidity
  • ease the transition to electronic payments