The Nilson Report's April issue featured Matera's focus on driving instant payment adoption in the U.S. Matera's high-performance ledger, Digital Twin can authorize instant payments and update balances while relieving Core banking systems of real-time demands. The modern technology behind Digital Twin was purpose-built to handle the 5 billion Pix instant payment transactions happening every month.
QR Code payment solutions can also accelerate FedNow and RTP adoption by enabling person-to-business transactions. Merchants and billers can present QR codes to be scanned and paid. Or consumers can show a QR Code on their mobile phone to be scanned for payment. All that’s needed is a mobile phone to pay. No one has to share their bank account details or other personal information.