Remove FedLine Remove Irrevocability Remove Payee
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What Is FedNow & How Can Businesses Prepare for It?

Seon

The payer approves, then their credit union screens the payment and sends a payment message through the FedLine network. Doing so is ideal as the payer can then not only know that the outgoing payment was transmitted but received by the payee. In fact, the transactions themselves are irrevocable.

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