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Additionally, they aid in the development of new business models. Despite these advantages, real time payments aren't yet widely accessible. RTP is available in 72 percent of countries, however this number is expected to grow quickly as consumers want more convenient and faster services. These technological advances will be appealing to Gen Z and the millennials who are more comfortable with technology. RTP overcomes the limitations of wire transfers and ACH, which can take up to one day to transfer funds (although same-day ACH has now become possible). Real-time payments do not just speed up bank transfers, but they also reduce the risk of transactions because they are irrevocable. They also provide more context to each transaction. They also permit greater transparency in banking process. This is a top priority for 30% of PYMNTS respondents. Additionally, they can reduce costs by allowing more efficient financial management and forecasting. They can boost liquidity and decrease the need for credit which is a significant advantage for small businesses that have trouble with slow ACH payment.