U.S. Faster Payments Council Unveils Report on Instant Recurring Payments
Friday, May 24, 2024
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Posted by: Sierra Lindemann
The U.S. Faster Payments Council has released a new report titled "Navigating Instant Recurring Payments," highlighting the future of seamless, secure transactions. Sponsored by BNY Mellon and developed by the FPC Real-Time Recurring Work Group, the report emphasizes the importance of features like Request for Payment and standing approval, aiming to revolutionize the payment landscape for consumers, businesses and financial institutions.