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FIS Unlocks Second Half of FedNow® Instant Payments Network Potential with New Send Certification

Fintech Finance

FIS (NYSE: FIS), a global leader in financial technology, has announced it is one of the first providers in the fintech industry certified to enable send capabilities for credit transfers in the Federal Reserves FedNow instant payment service.

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FedNow delivers new risk management tools

Payments Dive

Alongside those instant payment security features, the Federal Reserve increased the maximum payment that can be sent over the real-time system to $1 million.

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The Hidden Costs of Payment Processing No One Talks About

Clearly Payments

If you run a business, youre aware of the basic fees for accepting credit card payments. In this article, well walk you through the not-so-obvious side of payment processing, covering everything from seemingly small charges like statement fees to big hits like chargeback fees. Why Payment Processing Fees Matter 1.

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Minimum Charge for Credit Card Purchase

Cardfellow

The minimum purchase amount must be $10 or less As I outline a little farther down, the Federal Reserve has the power to adjust the minimum purchase amount. So, although the Federal Reserve currently caps the fee at $10, it can change. The Federal Reserve set the current limit at $10 or less.

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SNEAK PEAK: PAY360 state of payments survey 2024 findings revealed​

The Payments Association

SNEAK PEAK: PAY360 state of payments survey 2024 findings revealed August 22, 2024 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The findings of The Payments Association’s State of the Industry 2024 survey, which examines the current state and future challenges of the payments industry.

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Higher Limits Power B2B Real-Time Payment Volumes

Trade Credit & Liquidity Management

The Clearing House raised the real-time payments (RTP) transaction limit from $1 million to $10 million in February 2025. real-time payments processed for corporate clients. Federal Reserve. Rival network FedNow raised its own limit from $500,000 to $1 million on June 24, 2025. financial industry.

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Ripple Launches RLUSD Stablecoin on Global Exchanges Today

Fintech News

Ripple aims to facilitate global adoption through partnerships with these and other market makers and payment providers, focusing on the Americas, Asia-Pacific, UK, and Middle East regions. Ripple Payments will also utilise RLUSD to facilitate global payments for enterprise customers starting next year.