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New research from RedCompass Labs shows that RTP and FedNow’s rising transactionlimits 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.
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 transactionlimits are helping to boost instant payment demand.
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.
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 transactionlimits from $100 to $250 in 2021.
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 paymentstrategies and reduce revenue loss.
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