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Digital Transactions
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FedNow Announces a $10 Million Transaction Limit, Set for November
https://www.digitaltransactions.net/fednow-announces-a-10-million-transaction-limit-set-for-november/
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Tagged with:
e-commerce
mobile commerce
point-of-sale
competitive strategies
transaction processing
real-time payments
law and regulation
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The Federal Reserve said Tuesday it will raise the transaction limit on FedNow transactions tenfold, to $10 million, effective in November. Launched in July 2023, FedNow is a real-time payments …
