
Instant Payment Services
Instant Payment Services are digital systems that allow people and businesses to transfer money quickly and securely, usually within seconds, anytime and anywhere. They eliminate delays associated with traditional bank transfers and can be used for various transactions like paying bills, shopping, or sending money to friends. These services use advanced technology to process payments instantly, providing real-time confirmation and making financial transactions more convenient and efficient. Examples include services like Faster Payments, Immediate Transfer, or real-time mobile wallets.