What type of faster payment solution provider organization are you?
Financial Institution - (4)
Bankers Bank/Corporate Credit Union - (6)
Third Party Payment Provider - (9)
Credit Union Service Organization - (1)
Who is your direct customer?
Third Party Processors - (14)
Businesses/Corporates - (12)
Which networks/methods of clearing does the solution use?
What type fo solution do you provide (if multiple, then you can submit seperate surveys)?
Network Solution for Financial Institutions - (12)
Financial Institution - (2)
Bankers Bank/Corporate Credit Union - (10)
Third Party Payment Provider - (3)
Blockchain/Digital Assets End User Experience Solution Processing Switch/Gateway Payment Processor Service Consolidation & Liquidity Service Vertical Specific Solution - (3)
International Cross Border Specific Solution - (0)
Which settlement types does the solution use?
How fast are funds settled and available to the payee?
How fast do funds settle between banks/intermediaries?
Are funds irrevocable? If yes, please explain.
Does the solution have transaction refundable/dispute capabilities?
is prefunding required?
Is a liquidity management tool available?
What tokenized or non-tokenized identification is used with your customers?
Routing Number + Account (non-tokenized) - (0)
Stored Value Account (non-tokenized)) - (0)
PAN (Permanent/Primary Account Number – non-tokenized) - (6)
Tokenized version of one of the above - (7)
Which recipient end destinations does the solution support?
Stored Value (virtual/wallet)) - (0)
What use case categories apply for your solution?
Account to Account (A2A, me to me) - (0)
Business/Government to Business/Government (B2B,B2G,G2G)” - (0)
Business to Consumer (B2C) - (21)
Consumer to Business/Government (C2B,C2G) - (0)
Government to Business/Consumer (G2B,G2C) - (0)
Person to Person (P2P) - (20)
Which of the following functions do your use cases address?
Account Transfers - me to me - (20)
Account Transfers - any to any - (21)
Bill Pay-Business-to-Business - (20)
On Demand Delivery (COD) - (12)
Point of Sale - Physical - (10)
Point of Sale - Virtual - (11)
Rewards/Loyalty/Cash Back - (9)
What industries are your use cases applicable to?
Distribution/Logistics - e.g. UPS/Fedex - (8)
Energy Producers – Oil, Gas, Electric - (0)
Entertainment/Events - (7)
Food & Beverage – Restaurants, Bars - (0)
Gaming - Skilled/Chance - (4)
Gig Economy - Transportation, Delivery, Personal Service - (0)
Government Services/Contractors - (8)
Healthcare Providers - (8)
Rental - Cars, Equipment - (0)
Retail - Brick & Mortar - (4)
Supply Chain Distribution - (7)
Transportation - e.g. Air, Rail, Bus, Tolls, etc - (0)
Utilities - Electric, Natural Gas, Water, Sewage - (0)
Unbanked/Underserved - (4)
Does the solution support credit push payments?
Does the solution support debit pull payments?
Does the solution support recurring/subscription transactions?
Does the solution support request for payments (RFP)?
Does the solution apply transaction limits?
Which standard message format does the solution use?
What are the solution's onboarding/Know Your Customer (KYC) requirements?
Address verification - (7)
Account verification - (12)
Does the solution have user experience/guidelines/specifications?
What is the coverage for the solution?
Which consumer account types does the solution support?
Which business account types does the solution support?
Which technology features does the solution have?
Contactless at ATMs - (3)
Online e-commerce enabled - (9)
APIs - Gold standards - (0)
POS terminal compatible - (2)
What ERP/accounting product interfaces are provided?
Which wallets does the solutions support?
Which directories or networks are supported/interoperable with the solution?
Fednow (pilot/planned) - (0)
Which of the following end customer features are supported?
Payment error resolution - (13)
Buyer product protections/warranty - (2)
Privacy/data protection - (15)
Deposited Funds Availability - (6)
Good funds for payments cleared, but not yet settled - (0)
What additional tools/services does the solution have?
Liquidity Management - (12)
Reciever account pre-validation - (0)
Fraud Prevention, detection, remediation - (0)
What fraud detection/prevention does the solution provide?
Unauthorized payments - (7)
Authorized fraudulent payments - (6)
What end user features/controls are available?
Multiple user with applicable rights per account - (6)
Multiple account per user - (8)
Multiple aliases per user - (4)
End user preferences - setting limits and internal controls - (7)
Secondary level approval - (9)
2 factor authentication - (0)
What transaction confirmation methods does the solution use?
What notification methods does the solution use?
What onboarding and account maintenance features does the solution have?
Contactless enrollment - (2)
Enrollee validation - (6)
Pre-review before use - (4)
Account change controls - (7)
Account lock/unlock - (9)
What record retention features does the solution have?
Basic payment details - (2)
Complete payment details - (15)