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Instant Settlement Series: Real Time Streaming Payments
The financial industry has been undergoing a significant transformation in recent years, with the rise of digital payments and the increasing adoption of real-time technologies. As a result, consumers and businesses alike have come to expect faster and more convenient payment options. In response to this demand, the concept of instant settlement has emerged as a key trend in the financial landscape.
Instant settlement refers to the immediate transfer of funds between two parties upon confirmation of a transaction. This eliminates the traditional delays associated with bank transfers or credit card payments, allowing funds to be made available almost instantly. As a result, it offers a number of advantages for both consumers and businesses, including: