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Real-Time Payments: Who’s Ahead And Who’s Behind In The Global Trend?

Real Time Payments: Who’s Ahead And Who’s Behind In The Global Trend?

From a CFO’s standpoint, the idea of real-time payments seems like a no-brainer, with benefits flowing to all parties in a transaction. But in fact, the adoption of real-time payment services around the world varies widely, with most countries seeing it gain traction largely because of regulatory frameworks – not because of commercial considerations. Indeed, reports show that adoption rates are highest in nations where government regulators have taken an aggressive role.

Rolling out real-time payments is in fact a very complex proposition. Technology has changed the face of payment processes, as consumers and businesses now have a range of electronic options, including credit, debit, or prepaid cards, when it comes to paying for goods or services rendered.

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