Product Page - Back to Basics: Introduction to Instant Payments
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$200.00 USD
Recording Date(s): March 18, 2025
Cost in Education Club tokens: 1 token
Speaker(s): UMACHA's Education Team
Length: 30 minutes
Description: Perfect for employees new to their roles or those seeking a refresher, this session explores the fundamentals of instant payments. We’ll clarify the distinction between faster and instant payments and introduce the two instant payments and their operators—FedNow, operated by the Federal Reserve Bank, and RTP, operated by The Clearing House. Attendees will gain insight into the transaction flow of an instant payment, the inherent fraud risks, and strategies for mitigating those risks. The session concludes with valuable resources to support further learning. Join us to build a strong foundation in instant payments.
Did You Know: You can purchase the Back to Basics: A Payments Primer (Four-Part Series), which includes our entire Back to Basics series—covering an introduction to the ACH Network, checks, instant payments, cards, and wires. Save 25% by purchasing the four-part webinar bundle compared to buying each session individually!
Continuing Education Credits: 0.6 AAP/APRP CECs
Additional Information:
Cost in Education Club tokens: 1 token
Speaker(s): UMACHA's Education Team
Length: 30 minutes
Description: Perfect for employees new to their roles or those seeking a refresher, this session explores the fundamentals of instant payments. We’ll clarify the distinction between faster and instant payments and introduce the two instant payments and their operators—FedNow, operated by the Federal Reserve Bank, and RTP, operated by The Clearing House. Attendees will gain insight into the transaction flow of an instant payment, the inherent fraud risks, and strategies for mitigating those risks. The session concludes with valuable resources to support further learning. Join us to build a strong foundation in instant payments.
Did You Know: You can purchase the Back to Basics: A Payments Primer (Four-Part Series), which includes our entire Back to Basics series—covering an introduction to the ACH Network, checks, instant payments, cards, and wires. Save 25% by purchasing the four-part webinar bundle compared to buying each session individually!
Continuing Education Credits: 0.6 AAP/APRP CECs
Additional Information:
- Upon completion of the purchase, the purchaser will be immediately prompted to download a PDF or zip file. Each PDF will contain a link to view the purchased webinar(s). Access to the recorded webinar(s) is limited to 60 days following the purchase.
- UMACHA is required to collect Sales & Use tax, in addition to Municipal tax (city tax), on the services that are provided in the state of South Dakota, and recorded webinars in the state of Minnesota.