Remove Adjustments Remove FedLine Remove Real Time Payments
article thumbnail

Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.

PYMNTS

percent for FedLine customers. The 2020 private-sector adjustment factor (PSAF) of $18.9 In August, the Fed launched a real-time payments system, FedNow , that is broadly accessible across the financial services ecosystem. The changes will result in average price increases of 3.3 percent for check services , 3.7