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RTP® and FedNow Transaction Limit Increases Fuel Instant Payments Surge

Fintech Finance

New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. 84% of US banks say the new $10 million RTP® limit boosts its attractiveness, and 84% believe raising FedNow’s $500,000 cap will have the same effect.

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RedCompass Labs Reveals 8 in 10 US Banks are Happy With RTP and FedNow Instant Payments Limits

The Fintech Times

The results, published in a new report, Pushing the Limits: US Instant Payments in 2025, based on responses from 300 senior payments professionals at US banks , suggest larger transaction limits are helping to boost instant payment demand.

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How Tariffs are Impacting Payments and Credit Card Processing

Clearly Payments

As a result: They may see reduced margins on every transaction. Limited negotiating leverage with processors makes fee optimization more urgent. Increased sensitivity to disputes and chargebacks, which can threaten their standing with payment providers. As your average transaction size changes, your fees stay fair and clear.

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Canadian Payment Trends for 2024: What You Need to Know

Clearly Payments

Of course, digital wallet technology is built on the foundation of contactless payments which is also growing significantly. In a move aimed at promoting the usage of digital wallets and contactless payments, credit card issuers (i.e. issuing banks) in Canada increased the transaction limits from $100 to $250 in 2021.

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Best Online Gaming Payment Gateway: Secure Payment Solutions for Gamers

Segpay

Real-Time Analytics & Reporting Comprehensive reporting tools help gaming businesses track transaction trends, chargebacks, player spending behavior, and fraud attempts. These insights allow operators to optimize their payment strategies and reduce revenue loss.