{"id":8994,"date":"2023-10-06T13:24:32","date_gmt":"2023-10-06T17:24:32","guid":{"rendered":"https:\/\/faisalkhan.com\/?page_id=8994"},"modified":"2023-10-06T13:24:34","modified_gmt":"2023-10-06T17:24:34","slug":"real-time-replenishment-rtr","status":"publish","type":"page","link":"https:\/\/faisalkhan.com\/learn\/payments-wiki\/real-time-replenishment-rtr\/","title":{"rendered":"Real-time replenishment (RTR)"},"content":{"rendered":"\n
Real-time replenishment (RTR)<\/strong> is a technology that allows preloaded\/prepaid cards to be reloaded with funds in real time. This means that the cardholder can use their card immediately after reloading it, without having to wait for the funds to be processed.<\/p>\n\n\n\n RTR works by using a network of ATMs and other retail locations that are connected to a central server. When a cardholder reloads their card at one of these locations, the funds are immediately transferred to the cardholder’s account on the central server. The cardholder can then use their card immediately, even at a different location.<\/p>\n\n\n\n RTR is used in a variety of transactions, including:<\/p>\n\n\n\n Here are two examples of transactions that use RTR:<\/p>\n\n\n\n RTR is a convenient and secure way to reload prepaid\/preloaded cards. It allows cardholders to use their cards immediately after reloading them, without having to wait for the funds to be processed.<\/p>\n\n\n\n Benefits of RTR:<\/strong><\/p>\n\n\n\n Drawbacks of RTR:<\/strong><\/p>\n\n\n\n Overall, RTR is a convenient and secure way to reload prepaid\/preloaded cards. It allows cardholders to use their cards immediately after reloading them, without having to wait for the funds to be processed.<\/p>\n","protected":false},"excerpt":{"rendered":" Real-time replenishment (RTR) is a technology that allows preloaded\/prepaid cards to be reloaded with funds in real time. This means that the cardholder can use their card immediately after reloading it, without having to wait for the funds to be processed. RTR works by using a network of ATMs and other retail locations that are […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3611,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"blocksy_meta":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable":" Real-time replenishment (RTR) is a technology that allows preloaded\/prepaid cards to be reloaded with funds in real time. This means that the cardholder can use their card immediately after reloading it, without having to wait for the funds to be processed. RTR works by using a network of ATMs and other retail locations that are connected to a central server. When a cardholder reloads their card at one of these locations, the funds are immediately transferred to the cardholder’s account on the central server. The cardholder can then use their card immediately, even at a different location. RTR is used…<\/p>\n","category_list":"","author_info":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable_v2":" Real-time replenishment (RTR) is a technology that allows preloaded\/prepaid cards to be reloaded with funds in real time. This means that the cardholder can use their card immediately after reloading it, without having to wait for the funds to be processed. RTR works by using a network of ATMs and other retail locations that are connected to a central server. When a cardholder reloads their card at one of these locations, the funds are immediately transferred to the cardholder’s account on the central server. The cardholder can then use their card immediately, even at a different location. RTR is used…<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num_v2":"0 comments","yoast_head":"\n\n
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