Remove Payment Issues Remove Secure Payments Task Force Remove Wires
article thumbnail

Does The U.S. Faster Payment System Need A Federal Mandate?

PYMNTS

The value of the faster payments market is immense, as outlined by the first of two reports issued by the Task Force earlier this year. The report , released in January, found the 2015 value of wire transfers was $1,200 trillion. ACH payments were valued at $145.3 trillion and check payments were worth $26.8