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Rarely do consumers and businesses agree on anything as much as they have on instant. Now, legacy FIs and a host of other players are scrambling to get a piece of the instant money action. Inspecting the “up-and-to-the-right” growth curve of instantpayments , it’s no shock how many players want in. Making Money Fast.
For senders, delivering that experience means more than just moving money faster into bank accounts or digital wallets — it is also about offering the payment choices that create ubiquity for the consumers on the other end of the transactions. From the Appearance of Instant to the Reality of Instant.
It isn’t real-time, but it seems good enough for a lot of use cases. The card networks enable instantpayments today, too. But as longtime readers of PYMNTS and of my columns know well, faster is only one piece of the overall value of making or receiving a payment.
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