Request For Payment Seen By Banks As Real-Time Payments Game-Changer
Late payments can sink businesses, but there is a fix: request-for-payment messages allow consumers to pay and billers to receive funds instantly. For this editions of the Real-Time Payments Tracker, Hisham Salama, executive vice president and chief digital officer at Bank of the West, explains how pairing request-for-payment features with real-time payment options can usher in “payments nirvana” for businesses.
