Payments Systems and Networks

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  • FedWire - A real-time gross settlement system of central bank money used by Federal Reserve Banks (the Fed) to electronically settle final U.S. dollar payments among member institutions.   🌐
  • Interac - A payment system popular in Canada.  🌐
  • SEPA - Single Euro Payments Area (SEPA) establishes a single set of tools and standards that make cross-border payments in euro as easy as national payments.  🌐
  • SWIFT gpi - SWIFT global payments innovation (GPI), is a closed private blockchain for cross-border payments.  🌐
  • UPI - Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India (NPCI) to facilitate inter-bank transactions.   🌐

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