Immediate payments are transforming the payments landscape, offering speed, efficiency, and convenience to credit unions and their members. Yet, many credit unions still have questions: Is this necessary? How do we get started? What’s the real impact?
At Corporate One, we’ve helped credit unions navigate the complexities of immediate payments. Now, we’re sharing key insights in our latest whitepaper: Top Questions on Immediate Payments Answered. Inside, we address the most common questions, including:
How do immediate payments differ from faster payments?
Is there a real need for my credit union to offer immediate payments?
Which rail should I choose, and what does implementation entail?
What regulations apply?
Do immediate payments increase fraud risks?
How do funds management and operations change with 24/7 payment rails?
How can Corporate One help?