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As the PYMNTS detailed, generating interest in the service will continue to be very important to The new Clearing Home and FedNow. 1 Real-time payments can be referred to as immediate costs. The newest Government Put aside recently launched its own instant payments network on the Thursday, July 20, 2023 – the newest FedNowSM Services (FedNow) – to grow the newest U.S.’ instantaneous money prospective.
