Glossary

Glossary Examples

Simple definitions of key concepts behind global payment infrastructure

ACH is a bank transfer network enabling secure electronic payments, deposits, and transactions.

RTP is a real-time payment system allowing instant transfers and immediate fund availability.

SWIFT is a global messaging network allowing banks to exchange secure payment instructions.

SEPA is a European payment framework standardizing euro transfers between participating banks.

A payment rail is the network that enables funds to move between financial institutions.