Bridging The Gap Between Appearance And Reality Of Instant Payments
PYMNTS
OCTOBER 8, 2019
“In either case, the consumer is going to say, “oh, cool, I got my money right away.” However, enablers of instant money assume the risk between the time when they make funds available and when settlement happens later.”. That’s particularly true when funds are truly instant — meaning they are irrevocable.
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