BENTONVILLE, Ark.—The Faster Payments Council (FPC) has released the Faster Payments Service Provider Catalogue.
The release was sponsored by The Clearing House and the FPC Education & Awareness Work Group (EAWG). The new product was developed to supplement the Faster Payments Solution Provider Catalogue, which debuted previously last year.
The new catalog offers customers, merchants, and businesses details about several payment services that are currently provided by the Faster Payments Council members. The solutions can be sorted by the clients depending on their preferences. These include services for direct customer (such as information about banks, credit unions, merchants/businesses/corporates, consumers, and third-party processors), faster payment services (RTP, same day ACH, push to card, or FedNow), or use case type (B2B-B2G, P2P, H2HC-H2B, C2B-C2G, A2A/me2me), The Paypers said.
Each service provider has its profile, which includes a snapshot of the solutions offered by them, The Paypers noted.
Continued Expansion Plan
“The Faster Payments Service Provider Catalogue represents the latest debut of the Education & Awareness Work Group. This will continue to expand over time, as more members and users of FPC add details and information about their current suite of services for their client base. Furthermore, alongside the catalogues, the EAWG recently published the Use Case Repository resource. This included concepts of use cases that propose a strategic, logical, and efficient use of faster payments, as well as an actual list of case studies from the FPC member organizations,” The Paypers said.
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