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Automated payments would offer a huge advantage. And now is the prefect timing with the FedNow service just becoming available. https://www.federalreserve.gov/
by jqpabc123 3y ago
Automated payments would offer a huge advantage. And now is the prefect timing with the FedNow service just becoming available.
https://www.federalreserve.gov/paymentsystems/fednow_about.htm https://www.federalreserve.gov/paymentsystems/fednow_about.h...
Payments also offers the perfect monetization option --- charge for each transfer.
- jqpabc123 3y agoUpdate Automated payments may not be necessary. With the new FedNow service, some banks are offering cash managment software that allows direct transfer to employee accounts. A payroll system may only need to interface with these.