The U.S. Faster Payments Council (FPC) has announced the publication of Operational Considerations for Non-Value Messages, a new guidance document designed to support the implementation and management of instant payment systems in the United States.
Developed by the FPC’s Operational Considerations Work Group, the guide addresses the technical and operational role of non-value messages. These messages are critical components in modern payment infrastructure, as they facilitate the exchange of data that does not involve the direct transfer of funds but is essential for payment verification, status updates, and overall system interoperability.
As the U.S. financial landscape continues to adopt real-time and faster payment rails, the FPC aims to provide stakeholders with clear best practices for handling these specific message types. By standardizing the approach to non-value messaging, the FPC seeks to enhance the safety and ease of use of the broader domestic faster payments ecosystem.
The FPC is a membership-based organization focused on advancing the security, efficiency, and accessibility of faster payment methods across the country.
Source: Finextra
Original article: https://www.finextra.com/pressarticle/111430/us-faster-payments-council-release-guide-on-navigating-non-value-messaging-for-instant-payments?utm_medium=rssfinextra&utm_source=finextrafeed
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