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Walmart Taps Fiserv to Offer Pay by Bank

Finovate

Beginning in 2025, however, Walmart will leverage Fiserv’s NOW Network , which will route the payments through The Clearing House’s Real Time Payments network and the Federal Reserve’s FedNow. Leveraging Fiserv to power real time payments is an important move for Walmart as it enters the pay-by-bank game.

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FPC 2023 Fall Member Meeting

Faster Payments Council

(Foundry Ballroom) Payment networks need volume to scale and keep costs low. Few use cases have the potential for growing volumes as do commerce payments yet paying a merchant with a credit push transfer isn't easy. We will explore the launch of FedNow and the intricacies of operating with multiple instant networks.

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