Real-Time Payments Tracker® – February 2021

Request For Payment Seen By Banks As Real-Time Payments Game-Changer

Real-Time Payments Tracker® – February 2021

Late payments can sink businesses, but there is a fix: request-for-payment messages allow consumers to pay and billers to receive funds instantly. For this editions of the Real-Time Payments Tracker, Hisham Salama, executive vice president and chief digital officer at Bank of the West, explains how pairing request-for-payment features with real-time payment options can usher in “payments nirvana” for businesses.

Inside the February Tracker

  • An interview with Hisham Salama, chief digital officer and executive vice president at Bank of the West, on how immediate request-for-payment features could ease businesses’ cash flow pains
  • The latest real-time payment developments, including Italian bank customers’ growing access to immediate payments and Pakistan’s launch of a new real-time payments rail
  • A Deep Dive examining how real-time payment networks can leverage request-for-payment features to help businesses and freelancers get paid on time

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