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Federal Reserve: New system for instant payments (FedNow) is now live

by mkhalil on 7/20/2023, 3:29:19 PM with 1 comments
  • by mkhalil on 7/20/2023, 3:29:19 PM

    The Federal Reserve announces that its new system for instant payments, the FedNow® Service, is now live.

    FedNow® FAQ: https://www.federalreserve.gov/paymentsystems/fednow_faq.htm

    FedNow® Service Provider Showcase (Incl: Service Providers with APIs) Browse service providers that can help you connect, innovate, and deliver instant payment products using the FedNow Service. https://explore.fednow.org/explore-the-city?id=10&building=s...

    Participating financial institutions that are currently live on the service: https://www.frbservices.org/financial-services/fednow/organi...

    Launch Video: https://www.youtube.com/watch?v=wHLnV9wu-5A

    Other Official FedNow® Videos: https://www.youtube.com/@FRBServices/videos