For decades, batch settlement has been the backbone of card-based transactions. However, with the evolution of faster payments, traditional settlement cycles of one to three business days are being replaced with faster options, including real-time settlement.

In a recent PaymentsNEXT article, BHMI’s Casey Scheer explores how the payments industry is shifting toward real-time and continuous processing to meet modern settlement demands. Innovations like RTP®, FedNow®, Same-Day ACH, Visa Direct, and Mastercard Send are enabling near-instant fund transfers—giving businesses faster access to liquidity.

The next big evolution? Continuous Processing. Unlike batch-based systems, continuous processing eliminates settlement delays, operates 24/7, and automates reconciliation—ensuring payments move at the speed of modern commerce.

To stay competitive, financial institutions, payment providers, and merchant processors are modernizing their payment back-office systems to improve liquidity, reduce processing costs, and enhance customer satisfaction.

To learn more, read the full article at PaymentsNEXT.