17 Link Post: Isn't The Federal Reserve Implementing A New Payment Service For Banks And Credit Unions Tomorrow (Friday)? Found This To Help Understand It. " FedNow® Service" FAQ. federalreserve.gov 07-12-2023. (www.federalreserve.gov) posted 1 year ago by Q20191776 1 year ago by Q20191776 +17 / -0 Frequently Asked Questions The Federal Reserve Board of Governors in Washington DC. 1 comment share 1 comment share save hide report block hide replies
Uhh, my bank has been making “instant payments” for about 15 years. It’s called AUTOBILL PAY. I put in my bills and how much I want to pay and guess what? In 24-48 hrs. my money is sent to my payee! NO GUBMINT INVOLVED!