Home » Business Infographics » A Global Move Towards Real-Time Payments – Everything You Need to Know

A Global Move Towards Real-Time Payments – Everything You Need to Know

There are various factors that are contributing to worldwide payment reform. These include the need to reduce fraudulent activity; the need to streamline transaction processes; and the demand for instant payments from the government, businesses, consumers and receivers.

There is a growing concern among financial institutions and governments regarding payment processing reform and the decreasing need for cash payments. In response to this concern, Vocalink have conducted a study to assess whether the move towards real-time payment systems is warranted.

A Global Move Towards Real-Time Payments - Everything You Need to Know

Check Also

AAA_AC_SaveMoney

Replacing Your Old Air Conditioner Can Save You Money

Approximately 50% of a homeowner’s annual utility costs go to heating and cooling. This is ...

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>