7 Ways Instant Payments Impact Deposit Performance
South State Correspondent
NOVEMBER 14, 2024
With almost 30% of our banks utilizing some portion of instant payments, the industry is starting to gather more data on how instant payments impact balances, customer acquisition, and account usage. Instant payments have the potential to change the payment landscape for banks. In this article, we look at six ways instant payments impact deposit performance and add insight into what it means for banks.
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