IDEAS home Printed from https://ideas.repec.org/a/fip/fedkpb/103996.html

B2B Payments: How Instant Payments May Facilitate Straight-Through Processing for Businesses

Author

Listed:

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.

Suggested Citation

  • Todd Albers & Sam Baird & Fumiko Hayashi & Ken Issacson & Aditi Routh, 2026. "B2B Payments: How Instant Payments May Facilitate Straight-Through Processing for Businesses," Payments System Research Briefing, Federal Reserve Bank of Kansas City, pages 1-8, October.
    • Handle: RePEc:fip:fedkpb:103996
    as

    Download full text from publisher

    File URL: https://www.kansascityfed.org/research/payments-system-research-briefings/b2b-payments-how-instant-payments-may-facilitate-straight-through-processing-for-businesses/
    File Function: full text
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedkpb:103996. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kira Lillard (email available below). General contact details of provider: https://edirc.repec.org/data/frbkcus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.