In this video, Tede Forman, president/payment solutions for CUES Supplier member Jack Henry, discusses the potential of instant payments to revolutionize the global payments landscape, impacting everything from card programs to mortgages. Forman predicts merchants will adopt instant payment solutions to reduce interchange fees and offer more convenient payment options to consumers.
Download a transcript of the audio.
Apply It To Your Boardroom
- How are our members currently conducting their transactions, and how might their preferences evolve in the future?
- How might shifts in payment preferences our business model and strategy?
- What measures are in place to ensure the security of our members' transactions as payment methods evolve?
