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.

The Federal Reserve Payments Study
In the first report since the detailed release of 2018 data, the study provides new findings for 2019 and 2020. The findings highlight changes in card payments and increased adoption of innovative payment methods following the emergence of COVID-19.

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, Committees, & Forums
Last Update:
March 24, 2023