Melio, a leading B2B payments platform, announced the introduction of its new real-time payments solution this week, allowing eligible vendors to receive funds instantly. The RTP offering will help businesses retain their funds longer, eliminating the need to pay ahead of invoice due dates. The real-time-payments will be supported by J.P. Morgan Payments, which can process transactions within seconds, providing small businesses with a faster and more convenient payment option than traditional ACH, which can take up to three business days.
Melio Launches Real-Time Payments
