FX in Focus
FX in Focus
Corpay
Real-Time Payments and Alternative Payment Schemes on the Rise
31 minutes Posted Jun 18, 2024 at 4:43 pm.
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Some jurisdictions around the world have had an instant payment or real-time payment solution for many years already — specifically, emerging markets are pioneering digital payments (especially mobile payments) because of inefficient banking infrastructure and underbanked populations.
As real-time payment technologies become more widely available, what are the benefits and the challenges ahead? Why is this happening now, and what needs to happen for instant payment or real-time payment to become common currency?
Join us for our episode, where we'll chat about the positives and drawbacks of real-time payments, and what they could mean for the global economy.