New research from Mercator Advisory Group finds that the U.S. considers a single payments platform, based on global standards, to provide real-time or near-real-time payments.
Boston, MA (PRWEB) October 26, 2015
Mercator Advisory Group’s latest research note, Seizing the Opportunity of a U.S. Real-Time Network, explores the opportunity as well as the complexities involved in the development of a single national payments platform and how other countries, including many important U.S. trading partners, have approached the significant effort involved in providing real-time or near-real-time posting of payments.
“The U.S. has really just begun to think seriously about how a real-time payments platform would take shape. There are many challenging questions to consider regarding cost, leadership, ongoing management, and if a business case for faster payments really exists for its stakeholders,” comments Sarah Grotta, Director, Debit Advisory Service at Mercator Advisory Group and co-author of the research note.
Highlights of this research note include:
- The critical components of a real-time payment network
- Use cases
- Review of real-time payment solution around the world
- Hurdles the United States faces in the planning for a national solution
This research note has 12 pages and 3 exhibits.
Organizations mentioned in this research note include: ACI Worldwide, FIS, Paym, SWIFT, VocaLink, and YouGov.
Members of Mercator Advisory Group’s Debit Advisory Service and Commercial and Enterprise Payments Advisory Service have access to these reports as well as the upcoming research for the year ahead, presentations, analyst access, and other membership benefits.
For more information and media inquiries, please call Mercator Advisory Group's main line: (781) 419-1700, send email to info(at)mercatoradvisorygroup(dot)com.
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About Mercator Advisory Group
Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.
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