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Get the facts about the FedNow® Service

The industry is buzzing with excitement about the recently launched FedNow Service, but do you know all the facts about this new instant payment infrastructure? Read this article (Off-site), which clarifies what the service is and isn’t, and what you can expect from the FedNow Service in the months and years ahead. You’ll find details about the following facts:

  • The network of financial institutions participating in the FedNow Service will grow over time
  • The FedNow Service provides benefits not widely available with other faster payment services
  • The FedNow Service is not a consumer-facing app
  • FedNow Service pricing is competitive and aligned with current market practices
  • The FedNow Service has fraud management capabilities and security features to help protect against threats
  • And much more!

For even more information and resources on the FedNow Service, visit (Off-site). To get regular updates on the service, sign up for our FedNow News email (Off-site).