WINTER HAVEN, Fla., Sept. 17, 2025 /PRNewswire/ -- SouthState Bank today announced its Treasury customers now have access to send and receive instant payments.

"At SouthState, we understand that in today's fast-paced business environment, speed, security, and reliability are essential. In response to these needs, we are thrilled to announce the launch of our new instant payments solutions. These solutions are specifically designed to empower businesses with the tools they need to enhance their cash flow management, conduct secure transactions, and improve reconciliation processes—all in real-time," said Tara Edmonds, Enterprise Payments strategy leader. "With our advanced instant payments capabilities, our Treasury customers are now equipped to conduct real-time transactions with complete confidence. This milestone underscores SouthState's dedication to innovation and reinforces our role as a forward-thinking regional bank at the forefront of progress in the payments industry."

During the past year, SouthState has conducted an instant payments pilot program with a group of clients. Throughout this time, more than 600,000 instant payment transactions totaling more than $400 million have been processed.

Hourly, a company that provides payroll, time tracking, GPS, HR and Workers' Compensation services, participated in the SouthState pilot program for instant payments.

"As a payroll start up, we are constantly looking to improve our service. Making sure that our customers' employees get paid as fast as possible has always been top of mind for us. We were excited to learn that SouthState Bank already offers instant payments. The impact for our customers' employees is significant - instead of getting paid at the end of the business day or in some cases the day after, now they can get paid within 15 seconds. For people that may be living paycheck to paycheck, it makes a big difference," said Tom Sagi, co-founder & CEO of Hourly.io.

There are two instant payments networks to send and receive funds: The Clearing House's Real-Time Payments (RTP) and the Federal Reserve's FedNow. Because payments are sent between two banks fully encrypted and over a secure network, they are safer, in addition to being more convenient.

Instant payments adhere to the global ISO 20022 standard, making data integration into enterprise and accounting systems easier than ever. As a result, instant payments create more efficiency and less friction for businesses, making a better experience for customers, vendors and employees.

While the instant payments send functionality is currently available only for SouthState Treasury customers, the bank continues to look at opportunities to expand the offering to other customers in the future, as well.

SouthState Bank Corporation (NYSE: SSB) is a financial services company headquartered in Winter Haven, Florida. SouthState Bank, N.A., the company's nationally chartered bank subsidiary, provides consumer, commercial, mortgage and wealth management solutions to more than 1.5 million customers throughout Florida, Texas, the Carolinas, Georgia, Colorado, Alabama, Virginia and Tennessee. The bank also serves clients nationwide through its correspondent banking division. Additional information is available at SouthStateBank.com.

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SOURCE SouthState Bank N.A.