You’ve probably never wondered how your money gets from Point A to Point B, but let’s be real—without payment rails, that Uber Eats order would still be sitting at the restaurant.
Payment rails are the network infrastructure that makes sure money moves smoothly between parties. Whether you're buying coffee with Apple Pay, Venmo-ing a friend, or using Routefusion to wire money overseas, you're relying on a different type of payment rail.
In simple terms, rails make sure your funds get where they need to go—like GPS for your dollars (without all the annoying recalculating).
Now, let's skip the credit card rails and focus on the key players: ACH, Wire, and RTP.
- ACH (Automated Clearing House), aka Not the Fast Rail: The dependable workhorse for paying bills or direct deposits. Slow and steady wins the race here.
- Wire Transfers, aka Faster Rail: For those times when you need money to move, like, now.
- Real-Time Payments (RTP), aka The Fastest Rail: The new kid in town, moving money instantly—no waiting around like with ACH.
Whether you're handling ACH, real-time payments, or wire transfers, Routefusion simplifies the process so you can focus on growing your business—not sweating how your money moves from A to B.
Without payment rails, we'd all be stuck in a world of IOUs and coins under couch cushions–no thanks! Let's talk rails--reach out!