Payments

Immediate Payments and The Opportunity for Merchants

Simon Brooks - Faster Payments Scheme Limited; Helen Stoner - ACI Worldwide

Presentation

Immediate payment schemes have the potential to cause significant change and disruption across the payments industry -- and to radically alter the relationship between merchants, banks, and card schemes. As momentum builds for the development of domestic, pan-European and wider international schemes, ACI Worldwide and the Faster Payments Scheme explain that merchants need to understand the opportunities and risks that this new payment method will present. Several use cases are included to help illustrate the impact this initiative may have and how businesses can benefit.

Immediate Payments and The Opportunity for Merchants

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