Remove Check Clearing Remove Faster Payments Remove Ubiquitous
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The Fastest Path To Faster Payments In The US

PYMNTS

The path to faster payments in the U.S. doesn’t have to be paved with a 500+ person task force analyzing what the world would look like if we were starting from a clean sheet of paper, competing propositions for who’s going to build and operate a new set of rails, or even what sort of spiffy software can make existing rails faster.

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What’s Fast And Slow And Read All Over?

PYMNTS

Take faster payments. The company that commercialized the idea and consolidated the market to establish the first global faster payments network was Western Union in 1851. Western Union launched its national money transfer, which provided fast payments between people and businesses, in 1871. The year was 1837.

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