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Navigating the Tug-of-War Between Push vs. Pull Payments
Overview
Date
04:10 PM - 05:10 PM (1 hour)
Monday, April 28
Track
Practical Strategies
Event
In-person
In recent years the introduction of real-time payment systems like FedNow and RTP has generated significant excitement. However, a fundamental challenge remains in the underlying mechanism of these networks: push payments. Unlike the traditional pull payment methods used for recurring transactions or payments made with stored information, push payments require the payer's active participation, posing a barrier to adoption. In this session, speakers explore strategies, technologies and use cases that could help overcome these challenges and encourage a shift in user behavior.