Credit Push and RFP - Payments Space

FPC 2023 Fall Member Meeting

Faster Payments Council

SEPTEMBER 23, 2023

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. The RFP Customer Experience Work Group selected consumer-to-business bill pay as an initial use case, producing industry standards focused on this goal.

FPC

FPC RFP Federal Reserve Faster Payments

SWIFT Signals Further Openness To Blockchain?

PYMNTS

MARCH 14, 2019

The year] 2019 is about Request For Payment (RFP). By way of background, as Forbes noted: In RFP, a biller can send an electronic request for payment. A customer can respond to that request through the use of mobile phone or laptop and make the payment as a credit push, according to Ramsey.

SWIFT

SWIFT Blockchain Distributed Ledger Technology (DLT) RFP

Payments Space

FPC 2023 Fall Member Meeting

SWIFT Signals Further Openness To Blockchain?

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