Remove Credit Push Remove Debit Network Remove Fed
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Rediscovering The Missing Principles Of Faster Payments

PYMNTS

For more than 30 years, INTERAC has been Canada’s debit network facilitating secure financial transactions. banks operate the rails because it’s their assets that these rails will move, but it’s still up for the debate if ownership lies with the clearinghouses, the Fed or even the card networks. FIs in the U.S.