Instant Payments represent the newest payment type introduced to the United States in over 40 years. Unlike ACH payments, which can take days to reconcile, or wire transfers, which require manual intervention, Instant Payments are built for speed and scale. They offer end-to-end automation and robust reporting, giving you immediate visibility and full control over your cash flow. 

Instant Payments clears and posts to your recipient's account with confirmation — all within seconds. Immediate and irrevocable.

Texas Capital Bank processes Instant Payments on both FedNow and RTP networks. When you initiate a payment, it's automatically routed and settled in the recipient's account within seconds. Both sender and receiver need instant payment-enabled accounts. With Texas Capital, you can send and receive Instant Payments on either network.   

Settle funds immediately and gain real-time cash visibility, enabling better working capital management and faster decision-making. You'll know instantly whether a payment was received or returned, eliminating uncertainty and allowing you to handle exceptions in real time — no more guessing or manual monitoring. 

Instant Payments are among the safest payment methods available, with fraud rates significantly lower than traditional payment systems. Both FedNow and RTP provide irrevocable, confirmed transactions that settle immediately with guaranteed delivery, offering strong protection for recipients who gain instant access to funds.

The primary consideration for sending Instant Payments is critical to verify recipients and implement strong authorization controls to prevent authorized push payment fraud — where someone is tricked into sending funds to a fraudulent account. With proper internal controls and verification procedures in place, Instant Payments combine speed with security and offer reliable protection against payment-related risks.  

The terms are essentially interchangeable. Both refer to payment systems where funds are transmitted, cleared and settled within seconds, operating 24/7 year-round. In the U.S., Instant Payments describe the same technology delivered through two networks: FedNow and RTP (Real Time Payments). Both provide immediate fund availability, irrevocable transactions and real-time settlement with immediate finality. Texas Capital Bank's Smart Routing automatically directs your payments through both FedNow and RTP networks, maximizing reach to your recipients. 

Instant Payments benefit most businesses that prioritize cash flow visibility, operational efficiency and fast reconciliation in a 24x7x365 world. If you make frequent vendor payments, manage payroll, send customer refunds or require real-time confirmation of payment status, Instant Payments can streamline these processes and reduce manual monitoring. 

Instant Payments supports credit push transactions (where you send money to customers). Receivable capabilities through Request for Payment (RfP) are coming soon.

An RfP is similar to a digital invoice. They are delivered directly to your customer's bank app with all payment details prefilled. The customer simply approves it, and irrevocable funds settle instantly into your account, eliminating manual payment entry while significantly decreasing exceptions and disputes. 

Real-time payment networks operate globally across Asia-Pacific, Europe and Latin America. Major systems include India's Unified Payments Interface (UPI), the United Kingdom's Faster Payment System (FPS) and Brazil's Pix. Most networks currently serve individual countries or regions; cross-border capabilities are in active development.