Many major companies rely on international trade and global supply chains. Keeping these trade flows operating smoothly requires quick, reliable delivery of payments. Consumers similarly demand convenient, rapid money transfer services — especially the many workers who regularly send money overseas to their families. Payment providers seeking to stay competitive are actively exploring new ways to bring about that sought-after speed.
The October Faster Payments Tracker examines how payment service providers are working to offer ever-faster international payments and the rapid domestic payments that accompany them