Remove ATM Remove Faster Payments Remove Irrevocability
article thumbnail

The State Of Faster Payments: ‘Early Innings’

PYMNTS

Might the state of faster payments be described as “conflicted?”. Visa and Mastercard , via their debit rails, enable real-time push payments in support of a number of peer-to-peer (P2P) and business-to-peer (B2P) use cases. Even if you take faster payments out of the equation, there are a number of rails,” he said.

article thumbnail

Why Slow Payments Aren’t Necessarily Safer Payments

PYMNTS

When everything is good, and the funds have flowed to the right person, that is a terrific feature that means the receiver can pay a bill, make a purchase or head to an ATM and cash out. The payment is irrevocable, and can’t be clawed back. That can seem rather intimidating, she said, but a few facts bear considering.