What is a requirement for RTP participants?

RTP participants must comply with RTP Information Security Standards and Requirements to ensure that the integrity of the payment network is maintained. This compliance is critical because it helps to protect sensitive financial information and secure the transaction processes. The RTP network facilitates real-time payments, making it vital that all participants adhere to stringent security protocols to prevent fraud and to promote trust among users of the RTP system.

In contrast, the other options do not align with the key requirements for participation in the RTP network. The availability of physical branches, competitive interest rates, and having a minimum number of customers are not prerequisites for being an RTP participant, as the emphasis is primarily placed on security and technological capabilities within the payment infrastructure. Compliance with established security standards ensures a robust and secure payments ecosystem, which is a foundational aspect of RTP's operational framework.