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Faster Payments to e-wallets: the plumbing behind a bank-to-wallet transfer

Tap send in a banking app and a balance can appear in an e-wallet moments later. It looks like one movement but is really several: a check on the payee’s name, a message routed through a national scheme, an account at the far end that may not be in your name, and a settlement between […] The post Faster Payments to e-wallets: the plumbing behind a bank-to-wallet transfer appeared first on BusinessCloud.

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Originally published byBusinessCloud.co.uk 1d ago · businesscloud.co.uk
Read full report at BusinessCloud.co.uk

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