Supplier payments
Power immediate supplier payments with finality, helping businesses secure critical materials without delay.
Problem:
To secure critical parts, a manufacturer needs to pay suppliers quickly. Current payment options typically use batch-based processing, which can delay confirmation that funds have arrived. To avoid production risk, the manufacturer may over-order, pay earlier than necessary or incur rush-order costs when materials aren’t released in time.
Solution:
The Real-Time Rail enables suppliers to be paid immediately. Funds move with finality, giving suppliers confidence the payment is secure, while clear reference details help accelerate invoice matching and allow materials to be released right away. This lets manufacturers lock in critical parts without delays, workarounds or added cost.
What this unlocks for you:
Real-time supplier payments centre production-critical cash flows within your institution
Note: As the RTR matures, more payment types and fintechs are expected to introduce real-time capabilities. This use case library highlights potential near- and longer-term opportunities. At launch, most payments are expected to continue using batch processes.