Booking deposits
Support instant deposit payments, giving small businesses certainty to lock in schedules.
Problem:
During a consultation, a wedding photographer needs to collect a deposit to secure a booking. With existing payment methods, funds don’t always arrive immediately, creating income and scheduling uncertainty.
Solution:
The Real-Time Rail allows the deposit to be received at the moment of agreement. Payment is delivered in seconds, is final and irrevocable and includes clear reference details. This gives the photographer immediate income certainty and the confidence to hold the date right away.
What this unlocks for you:
Instant, trust-sensitive payments make your institution the primary partner for small business cash flow
Real-time payments integrated into everyday business moments increase reliance on your digital channels
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.