Payments Exchange

Test Your Payments Knowledge!

With the release of the Faster Payments Task Force’s Final Report Part Two drawing near, now is a great time to brush up on Part One released earlier this year. Test your payments knowledge with our short quiz and review any topics you’re unfamiliar with by revisiting The U.S. Path to Faster Payments, Final Report Part One. Good luck!

1. The Effectiveness Criteria is comprised of ___ total criteria
2. Which of the following is NOT a category of the Effectiveness Criteria?
3. Which country was the first to establish a faster payment system?
4. True or false: most faster payment schemes have a dollar limit
5. What are the two parts of an intermediated payment?