Value Addition Features

Features part of Instant Payment Rails that add value for the End User

Value-add features in instant payment systems refer to additional services that are offered alongside the core function of transferring funds instantly. These features provide additional benefits to users and differentiate one instant payment system from another. This section covers the following Value Addition Features of Instant Payments.

1. Payment by Alias.

2. Request to Pay.

3. Account Linking.

4. Payment Inquiry.