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Two New Resources for Faster Payments

The Faster Payments Council (FPC) just published a new industry resource, Navigating Instant Recurring Payments: Consumer, Business, and Financial Institution Perspectives, that delves into key components essential for the successful deployment of instant recurring payments. The new report highlights the importance of features such as Request for Payment (RfP) and standing approval, providing a robust foundation for seamless and secure transactions in the dynamic landscape of instant payments.

The FPC also recently published How QR Codes Address ‘the Last Mile’ Adoption of Faster Payments at the Point-of-Salean in-depth study of international and U.S. payment solutions using QR codes, exploring key market drivers for implementation. This report highlights successful QR code implementations from around the globe, identifying commonalities and best practices for QR code adoption.