Visa’s Kelly Takes a Dark View of Faster Payments, Just Not Visa’s Faster Payments

“He zeroed in on the matter of fraud protections in an environment where value travels between accounts in a matter of seconds. Some networks, he said, “don’t have the same protections you have in a payments ecosystem.” Transactions are irrevocable, he said, raising the question, “if I now have a dispute with you or some element of chargeback with you, how is that going to work? With great difficulty would be the answer.””

Visa’s Kelly Takes a Dark View of Faster Payments, Just Not Visa’s Faster Payments
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