Instant payments are electronic money transfers in which the funds are available for the payee in real-time. The service is available 24/7, and transfers occur directly from the payer’s account to the payee’s account. Many countries are using a fast, convenient, and available technology or are almost ready to use between people, businesses, and government authorities.
On the one hand, it is a useful and fast innovation. On the other, it also brings with it a series of obvious risks.
Download the white paper to discover the fraud risks associated with instant payments and how we can protect your business from them.