The Payments Association

JUNE 16, 2025

If implemented, offline CBDC capability could introduce new consumer behaviours, shift merchant requirements, and alter the economics of digital payment acceptance. Key policy questions remain unresolved, including liability, privacy, and consumer demand. For payments leaders, the findings are not simply a technical footnote.

Settlement

PYMNTS

SEPTEMBER 26, 2019

Consumers, businesses and governments are seeing faster payments as a path to greater convenience and financial security, and this growing demand is spurring payments services providers (PSPs) to meet this need in a swift, secure manner. Pull payments are often used to support recurring purchases, such as subscriptions or utility bills.

Payer

FICO

JUNE 26, 2018

In the UK £250K can now be sent in a single, irrevocable payment – and the system has been tested for up to an eyewatering £10 million. When this kind of fraud takes advantage of an instant and irrevocable payment mechanism, losses will sky rocket. In September 2016, the UK consumer group Which? Who Is Liable?

Real Time Payments

FICO

DECEMBER 5, 2017

Authorised push payment fraud happens when fraudsters deceive consumers or individuals at a business to send them a payment under false pretences to a bank account controlled by the fraudster. As payments made using real-time payment schemes are irrevocable, the victims cannot reverse a payment once they realise they have been conned.

Real Time Payments

PYMNTS

JANUARY 3, 2020

Rarely do consumers and businesses agree on anything as much as they have on instant. As instant money organizes itself largely around consumer preferences, there are important distinctions to be made. And as consumers continue to warmly embrace instant money, old definitions and practices are becoming obsolete almost overnight.

Instant Payments

PYMNTS

OCTOBER 8, 2019

Consumers, not so much. In fact, as Ingo Money CEO Drew Edwards pointed out to Karen Webster in the most recent edition of their “how to instant” conversations, consumers more or less don’t know the payments rails exist — and are really only ever concerned with a single question: “How am I gonna get my money?”.

Instant Payments

PYMNTS

OCTOBER 30, 2019

There’s financial risk, and making sure the payee who ends up in possession of the funds is the intended recipient. So fast that, once the funds are pushed, they are instantly usable to the payee who received them. The payment is irrevocable, and can’t be clawed back. There is no shortage of risks to consider, she noted.

Instant Payments