Faster Payments Council

SEPTEMBER 12, 2022

The issuance and use of a CBDC for cross-border payments could potentially help simplify intermediation chains, increase speed and lower costs. The issuance and use of a CBDC for cross-border payments could potentially help simplify intermediation chains, increase speed and lower costs.

FPC

PYMNTS

MARCH 14, 2019

The movement to bring blockchain to cross-border payments proceeds apace. A customer can respond to that request through the use of mobile phone or laptop and make the payment as a credit push, according to Ramsey. Might SWIFT be giving a nod, at least partially, toward the use of distributed ledger technology (DLT)?

SWIFT

PYMNTS

DECEMBER 7, 2016

It needs to not be based on a debit pull, but instead, it’s a credit push transaction, so all transactions must be initiated by the sender.”. Meanwhile, several banks, including Sweden’s SEB, are consider using Ripple’s digital currency for cross-border transactions. Around the Faster Payments world.

Faster Payments

Faster Payments Council

SEPTEMBER 23, 2023

Few use cases have the potential for growing volumes as do commerce payments yet paying a merchant with a credit push transfer isn't easy. In a Faster Payments world, the process of making cross-border payments is typically faster and more efficient.

FPC

PYMNTS

SEPTEMBER 21, 2016

In other countries, however, real-time payments have traditionally only supported credit or what are sometimes referred to as “push payments.”. Alternatively, Same Day ACH is designed to support all ACH payments, both credit (push transactions) or ACH debit payments (those which pull money from an account after authorization.).

Faster Payments

PYMNTS

JULY 24, 2017

In addition to providing for a settlement capability, such roles might include provision of directory services, transaction processing, network access, security and/or cross-border payments” should said stakeholders fail to agree on standards, policies and procedures. The card networks are powering instant disbursements.

Fed