Remove FedACH Remove Instant Payments Remove Transaction Limits
article thumbnail

The Impact of FedNow on the US Payments Landscape

Segpay

Last year, the Federal Reserve launched FedNow, an instant payment service expected to revolutionize the US payment landscape. The Federal Reserve’s goal is to achieve wide adoption of FedNow over time, much like the Fedwire ® Funds Service and FedACH ® Services. What is FedNow? No ‘pass-through’ fees.

FedNow 52