Briefing
B2B Payments: How Instant Payments May Facilitate Straight-Through Processing for Businesses
Abstract: Compared with other payment methods, instant payments have unique or enhanced features, including “request for payment,” business directories, confirmation of payee, use of the international messaging standard, around-the-clock service availability, and instantaneous, irrevocable funds availability. When these features are more fully developed, instant payments may better facilitate straight-through processing for businesses than other electronic payment methods.
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Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: Payments System Research Briefing
Publication Date: 2026-10-30
Pages: 8