banking.foundation / Payments / FedNow Service
Payment network · Instant payments · United States
FedNow Service
The Federal Reserve's instant payment service, launched in July 2023, enabling participating banks and credit unions to send and receive payments with final settlement in central bank money around the clock.
- Type
- Instant payments
- Operator
- Federal Reserve Banks
- Region
- United States
- Currency
- USD
- Launched
- 2023
- Settlement model
- instant, 24/7 gross
- Website
- www.frbservices.org
Approximate reference data from public sources · seed-0.1 · 2026-08-28 · not real-time, not advice. See data & methodology.
# this page as data
GET https://banking.foundation/api/v1/payment-networks/fednow