Join the Community

21,450
Expert opinions
43,651
Total members
348
New members (last 30 days)
127
New opinions (last 30 days)
28,507
Total comments

No surprise faster payments aren't attention seekers

Be the first to comment

Faster payments is a good thing. The problem is that they aren't really faster until they're all faster, ie you can't really tell the customers 'some if your payments might be faster'. Customers will be quick to complain if there isn't consistency across their payments. I imagine that institutions don't really want to encourage expectations which can't be delivered to all customers and transactions, or at least most, anyway.

Slowly slowly on the 'faster payments' until generally they really are faster. 

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Join the Community

21,450
Expert opinions
43,651
Total members
348
New members (last 30 days)
127
New opinions (last 30 days)
28,507
Total comments

Now Hiring