What’s Fast And Slow And Read All Over?
PYMNTS
JULY 24, 2017
Back at home, the Fed, though, did play a big role in propping up the paper check for much of the 20th century. The paper check clearing system is the biggest drag on faster payments in the U.S. But that innovation was a really long time ago — 750 B.C. So there’s that. That alone would give us much faster payments, on average.
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