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Category instant payments

MainNewsinstant payments
BRICS Countries Can Use India’s UPI Instant Payment System, Prime Minister Modi Suggests

BRICS Countries Can Use India’s UPI Instant Payment System, Prime Minister Modi Suggests

Member states of the BRICS bloc can follow the example of other nations and start using India’s Unified Payments Interface (UPI) system, according ...
Federal Reserve Officially Launches Instant Payments System FedNow

Federal Reserve Officially Launches Instant Payments System FedNow

Federal Reserve launches FedNow Service for instant payments to empower banks and credit unions.
‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network

‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network

The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has resp...
US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’

US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’

According to the U.S. Federal Reserve, the central bank’s Fednow payment service will start operating in July, and participants will be certified i...
Fed to Launch Instant Payments System ‘FedNow’  in July

Fed to Launch Instant Payments System ‘FedNow’ in July

On Wednesday, March 15, the U.S. Federal Reserve unveiled details about its native ‘FedNow’ instant payments system. The…