Juspay is the payments platform of choice for India's leading companies, providing a future-proof-end-to-end payments infrastructure. Juspay processes over 50Mn transactions daily, providing seamless experience connecting all PGs, Networks and Banks. Our solutions are designed to be the most reliable and scalable in the industry delivering a robust & native Payments experience across all platforms.
Aslo read:What Is RTGS?
The Real-Time Gross Settlement (RTGS) system is a...Read more
Juspay is the payments platform of choice for India's leading companies, providing a future-proof-end-to-end payments infrastructure. Juspay processes over 50Mn transactions daily, providing seamless experience connecting all PGs, Networks and Banks. Our solutions are designed to be the most reliable and scalable in the industry delivering a robust & native Payments experience across all platforms.
Aslo read:What Is RTGS?
The Real-Time Gross Settlement (RTGS) system is a specialised electronic funds transfer system for high-value and time-sensitive transactions between financial institutions. In an RTGS system, transactions are processed immediately and individually, without grouping with other payments. This ensures swift and secure fund transfers, minimising credit and liquidity risks. RTGS systems are commonly used for significant transfers like interbank settlements, large corporate transactions, government-related payments, and international remittances. Due to its instantaneous nature and guaranteed finality, RTGS plays a vital role in improving the efficiency and stability of the financial system, enabling smoother money movement in a rapidly evolving global economy.
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