• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to primary sidebar

DigiBanker

Bringing you cutting-edge new technologies and disruptive financial innovations.

  • Home
  • Pricing
  • Features
    • Overview Of Features
    • Search
    • Favorites
  • Share!
  • Log In
  • Home
  • Pricing
  • Features
    • Overview Of Features
    • Search
    • Favorites
  • Share!
  • Log In

Balance’s new RTP-powered Instant Bank Connection allows buyers to link their accounts using only routing and account numbers

May 8, 2025 //  by Finnovate

Balance, the financial infrastructure platform for B2B commerce, launched Instant Bank Connection, a new capability powered by Real-Time Payment (RTP) rails that simplifies ACH setup for buyers and speeds up payments to merchants—improving cash flow and reducing processing costs. Balance’s new RTP-powered Instant Bank Connection capability allows buyers to link their accounts using only routing and account numbers. This real-time verification streamlines the buyer experience while giving merchants immediate payment confirmation, faster payouts, improved cash flow, and the ability to release goods sooner with confidence—accelerating fulfillment and strengthening customer relationships. Balance’s RTP-powered bank connection is more than just a faster onboarding method—it’s a strategic lever for B2B merchants looking to scale with efficiency. By making ACH payments as seamless as cards, merchants can unlock significantly lower processing costs. By combining RTP-powered bank verification with AI-powered credit management, billing, collections, and cash application, Balance empowers merchants to reduce overhead, improve cash flow, and scale with confidence. Bar Geron, CEO and Co-founder of Balance said “With RTP-enabled ACH payments, they can reduce costs and accelerate access to funds—all while giving buyers a smooth, payment experience.”

Read Article

Category: Networks Processors & PSPs, Innovation Topics

Previous Post: « Success of Pix and UPI is paving way for a three-stage framework for state-led fast payment systems that involves weighting pre-requisites, implementation and scaling and establishing engagement mechanisms and regulatory adjustments

Copyright © 2025 Finnovate Research · All Rights Reserved · Privacy Policy
Finnovate Research · Knyvett House · Watermans Business Park · The Causeway Staines · TW18 3BA · United Kingdom · About · Contact Us · Tel: +44-20-3070-0188

We use cookies to provide the best website experience for you. If you continue to use this site we will assume that you are happy with it.OkayPrivacy policy