US Businesses Increasingly Adopt Instant Payments Services, Study Finds

U.S. businesses and consumers are rapidly adopting digital, faster and instant payment services, according to studies released by Federal Reserve Financial Services. Digital wallet use saw especially strong growth in 2023 — efficiency-focused businesses increased their use “by 31% over the prior year, and convenience-minded… Read More
Read more in: Fintech | Tagged federal reserve financial services, payments, research