Consumers Demanding Faster Payment Options to Fit Their Digital

U.S. consumers are seeking faster payments in more areas of their increasingly on-demand lives, with four out of five saying they are interested in faster options to pay businesses, according to a survey released today by the Federal Reserve Banks. About 70% say having access to enhanced faster payment capabilities from their financial institution(s) is an important satisfaction driver. “From recurring payments to last-minute bill pay, consumers are looking for faster payment options that give them more...

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