Call to Action
The United States stands on the verge of a transformation in how businesses and consumers make payments. Rapid technological innovation; demand for faster, smarter payments; and the impressive will of the industry have collided to create an unprecedented opportunity. The Faster Payments Task Force calls on all payment stakeholders to take action and be a part of this historic effort. Read this Final Report and embrace our plan and vision for secure, ubiquitous, faster payments by 2020.Learn More
The Faster Payments Task Force envisions a system where solutions both compete and interoperate to provide payment services that are faster, ubiquitous, broadly inclusive, safe, highly secure, and efficient.Learn More
The U.S. Path to Faster Payments
The vision for creating a faster payments system in the U.S. was unveiled with the release of The U.S. Path to Faster Payments, Final Report Part Two: A Call to Action. In support of this release, a live online broadcast featured industry leaders from the Faster Payments Task Force discussing the task force’s final report and its 10 recommendations for developing and implementing a faster payments system in the United States.
Building a fast, safe and ubiquitous payments network in the U.S. has and will continue to take unprecedented collaboration from every sector of the payments industry. Let’s keep this impressive momentum going – be a part of this historic effort and show your interest and support. Find out how.
Browse the Final Report
The task force created the Faster Payments Effectiveness Criteria as a guideline for effective solution design. See how 16 visionary proposals sought to address these criteria in their designs for fast, safe, ubiquitous payments in the United States.Learn More
Goals and Recommendations
The task force recommends ongoing collaboration to develop a faster payments system in the United States, with work beginning in three key areas: Governance and Regulation, Infrastructure, and Sustainability and Evolution. Become familiar with the 10 recommendations that constitute The U.S. Path to Faster Payments.Learn More