Tag Archives: Fast Payment

IBFT: The “Fast Payment” of Pakistan

Well, yes, it is!

Though some experts argue that IBFT is not a “fast payment” method because the service uses advice messages to credit the receiving accounts. Others point out that banks don’t exchange funds in real-time and refer to the deferred or net-settlement method of 1Link.

Before answering these arguments, let’s have a closer look at the “fast payments.”

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