Deep Dive: Instant Payments Confront Long Path To Ubiquity
PYMNTS
JANUARY 23, 2020
Instant payment providers and the businesses that utilize their offerings will thus need to fill the void where checks and cash have operated if they wish to reach real ubiquity. The Clearing House (TCH) has its Real-Time Payments (RTP) network, and the Federal Reserve is promoting its FedNow platform, which has yet to be released.
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