Understanding the Difference Between Push Payments & Same Day Settlement
March 2, 2018
Push payments. Instant payments. Real-time payments.
Every endeavor has its vocabulary, and the payments arena is no different. Although industry observers and participants use the above terms interchangeably, there are differences in transaction timing that can make all the difference to recipients.
In short, when it comes to speed, all payments are not created equal.
In an interview with PYMNTS’ Karen Webster, Drew Edwards, Ingo Money CEO, helped clarify the nomenclature and delved into push payments, a form of instant payments.
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