YES! INSTANT REFUNDS & PAY 

New U.S. Payment System Is LIVE… FEDNOW.

FEDNOW instant payments are here! Too much fanfare, the Federal Reserve launched its new payment system last week. The new rail gives – or promises to give – consumers and businesses “instant” access to payments and money moved between financial accounts…

“The system lets Americans pay for groceries instantly, businesses pay their suppliers, or people pay each other. It will be available 24 hours a day, every day of the year, with full access to funds immediately.”


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