Amplify Credit Union RTP Receipts and Deposit Growth
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AI-assisted source synthesis · not an independent investigation.
On October 22, 2026, PYMNTS cited data from Amplify Credit Union saying that after the credit union enabled The Clearing House RTP network’s receive-only capability, business accounts that received at least one instant payment grew 25% faster than the overall portfolio, adding approximately $1 million in deposits in a single quarter. Consumer accounts also grew 12% faster than the overall portfolio. In addition, members who received instant payments were three times as likely to use a debit card as other members. Amplify said these results provide financial institutions with another set of metrics for evaluating the deposit and account value generated by instant payments.
AI-written from reports · updated 4 hours ago
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- PYMNTSAmplify Credit Union data shows accounts receiving instant payments grow deposits faster
Amplify Credit Union data shows that after enabling the receive-only capability of The Clearing House RTP network, business accounts that received at least one instant payment grew 25% faster, adding about $1 million in deposits in a single quarter; consumer accounts also grew 12% faster than the overall portfolio. Members who received instant payments were 3 times as likely to use debit cards as other members, providing financial institutions with another set of metrics for evaluating the deposit and account value of instant payments.
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