Real-Time Payment Systems and their Scalability Challenges

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@article{1704657,
      author = {Pushpalika Chatterjee},
      title = {Real-Time Payment Systems and their Scalability Challenges},
      journal = {Iconic Research And Engineering Journals},
      year = {2023},
      volume = {6},
      number = {12},
      pages = {1461-1470},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1704657.pdf},
      abstract = {Adopting RTPS worldwide also presents global society with a new era of paying and receiving value immediately, instantly, and smoothly. Though these systems are developing, scale elements challenge them with latency, data throughput, and problems in the infrastructure. This paper outlines the RTPS technical foundation, identifies current scalability issues, and assesses possible technological remedies. By integrating the case investigations and the quantitative findings, the research contributes valuable prescriptive suggestions for financial organizations and policymakers who aim to strengthen the effectiveness of RTPS.},
      keywords = {real-time payment platforms, elasticity, response time, financial technology, optimization of modern payment infrastructure},
      month = {June},
  }