Payment Systems
FedNowSM Service
The Federal Reserve is developing a new round-the-clock payment and settlement service, called the FedNow Service, to support instant payments in the United States.
![Payment Systems Improvement](https://webarchive.library.unt.edu/web/20201218013056im_/https://www.federalreserve.gov/images/filmstrip-payment-systems.jpg)
![Trends in card use](https://webarchive.library.unt.edu/web/20201218013056im_/https://www.federalreserve.gov/images/filmstrip-card-use.jpg)
The 2019 Federal Reserve Payments Study
Federal Reserve Payments Study finds that ACH and card payments grew rapidly from 2015 to 2018, outpacing the prior three-year period.
Key Policies for the Provision of Financial Services
The twelve Federal Reserve Banks provide banking services to depository institutions and the federal government.
![Image of a bank vault](https://webarchive.library.unt.edu/web/20201218013056im_/https://www.federalreserve.gov/images/filmstrip-bank-vault.jpg)
Regulations & Statutes
Financial Market Utilities & Infrastructures
Reserve Bank Payment Services & Data
Research, Committees, & Forums
Last Update:
October 29, 2020