what is the benefit of real time processing
Real-time processing can help banks deliver a blended multichannel experience. For example, consider a customer who has an opening balance of $250. That customer today deposits $750 through the ATM. In a near real-time environment, the customer must wait up to a day or two for the bank processes that deposit before the funds become available. In a real-time processing system, that $750 deposit would be cleared promptly, allowing the customer to make a transaction using the bankâs debit card, whether online or through a smart phone.