Why Slow Payments Aren’t Necessarily Safer Payments

As of late 2019, there are few people left who need to be talked into the “why” of instant payments — that case has already been well made. Ingo Money EVP and CPO Lisa McFarland told Karen Webster for the latest edition of the PYMNTS How To Instant Series that the conversation Ingo Money is having with potential partners, across all kinds of verticals, is not about pushing the merits of instant payments, and why organizations should be adopting them, because firms know that already.

Where the rubber hits the road — in terms of executing those ideas — is when the plans to switch to an instant payments paradigm are taken to those enforcing compliance and risk, she said, and when firms start taking a real look at how they can get instant payments up and running as an option safely and securely.

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