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Despite the benefits, real-time payment isn't widely available. RTP is only available in 72 percent of countries, but this number is expected to grow quickly as consumers demand more efficient and speedier services. These new technologies will attract Gen Z and the millennials who are more comfortable using technology. RTP eliminates the limitations of ACH and Wire Transfer, which take up to a business day to transfer funds (although same-day ACH is now possible). Real-time payments are not just faster bank transfers, but also reduce the risk of transactions because they are irrevocable. They also support adding greater context to each transaction. They also provide greater transparency in banking processes. This is a priority for 30% of PYMNTS respondents. They also aid in reducing costs through more efficient financial planning and management. They can improve liquidity and reduce the need for credit, which is a major benefit for small businesses who are struggling with slow ACH payment.