Resources | Fast Payment System

Fast payments (also known as instant, real-time, immediate, rapid) make funds immediately available to beneficiaries and can be used around-the-clock, on a 24/7 basis. They are supported by central infrastructures which enable banks and non-banks to connect and to build additional overlay services for end users. The Payment Systems Development Group (PSDG) of the World Bank has assisted more than 120 countries in modernizing their payment systems over the years and, more recently, has played a leading role in global research and technical assistance to countries on fast payment systems (FPS). Project FASTT, is a new milestone in this critical work, sponsored by the Bill & Melinda Gates Foundation.

The World Bank is committed to creating content and sharing knowledge on fast payments to help guide interested jurisdictions in their policy and implementation decisions. Our resources include case studies of jurisdictions that have implemented fast payments, focus notes on technical topics, implementation framework, work done by partner organizations, blogs, podcasts, to mention a few.

Reports & Technical Notes

Case Studies

Other Resources