What is a? real-time payments? system

Reference no: EM133538118

Question: What is a? real-time payments? system? What advantages does a? real-time payments system? have? A. It requires all transactions to be completed in cash instead of using checks. Its main advantages are better security and decreased fraud. B. It allows the Fed to track bank transactions in real time. Its main advantages are improved regulations and bank transparency. C. It makes checks and other payments available after a? three-day period in order to confirm authenticity. Its main advantages are its security and transparency. D. It makes checks and other payments available within minutes and operates 24 hours a day. Its main advantages are its speed and increased access to funds.

Reference no: EM133538118

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