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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

Then came PayPal’s debut of Instant Transfer to Bank. This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. as of January 2019.

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Why Certainty Rules Payments

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Zelle hadn’t yet reached this small bank, and the instructions for how to enable that deposit weren’t clear enough for he or his bank to navigate. He has a PayPal account, so that’s how I’ll pay him today. Or to buff up PayPal. The outcome, however, using PayPal , is more certain for both the sender and the receiver.

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PODCAST: Solving Instant Payments Ubiquity Problem

PYMNTS

And for good reason, Ingo Money CEO Drew Edwards noted in a recent conversation with Karen Webster and Ingo Executive Vice President and Chief Product Officer Lisa McFarland — instant payments present a world of interesting possibilities for creating better consumer experiences across a wide range of uses.