Payment Systems
FedNow® Service
The Federal Reserve has developed a round-the-clock payment and settlement service, called the FedNow Service, to support instant payments in the United States.
The Federal Reserve Payments Study
The initial release of 2018 to 2021 data reveals substantial growth in consumers’ and businesses’ use of noncash payments, including checks, different types of cards, and the automated clearinghouse (ACH). Cards led growth by number while ACH led growth by value.
Key Policies for the Provision of Financial Services
The twelve Federal Reserve Banks provide banking services to depository institutions and the federal government.
Regulations & Statutes
Financial Market Utilities & Infrastructures
Reserve Bank Payment Services & Data
Research, Reports, & Committees
Last Update:
June 13, 2024