Did you know that in 2022, 1 in 5 electronic payments were in real time and globally, the growth rate is running at 63% year over year*?
Gain a competitive edge now by understanding why real-time payments are better than cash, checks, cards, digital wallets, wire transfers, cryptocurrency and gift cards/stored-value cards to consumers:
• Safer than other systems (cash, card, check)
• Faster/instant settlement
• Irrevocable – no chargebacks
• More metadata on payments – fraud and customer intelligence
• Traceability – clear delineation of where it came from, where it goes and why
• Improves cash flow and liquidity with immediate settlement
• Drives innovation in use cases
Unlock the possibilities and find new ways to reduce operational costs by reading our latest eBook today.
*ACI Internal Data