Real-Time Payments

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