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UK from what I can tell is world leading on fast payments, having launched Faster Payments Service in 2008. (India is now there with UPI, and I hear Brazil is
by pityJuke 3y ago
UK from what I can tell is world leading on fast payments, having launched Faster Payments Service in 2008.
(India is now there with UPI, and I hear Brazil is doing great too. The USA has started the process, although it’ll take some time.)
- kasperni 3y ago> UK from what I can tell is world leading on fast payments, having launched Faster Payments Service in 2008. Only 35 later than Japan's ZENGIN, which launched in 1973.
- pityJuke 3y agoOoo, never heard about this one! Well done Japan!
- pasttense01 3y agoBut Japan probably has the highest percent of payments by cash at retail establishments--51% by transaction value in 2022.