Improved cash flow:- Businesses will be able to receive payments from customers more quickly, which could lead to improved cash flow.

Reduced costs:-Businesses may be able to reduce their costs by using FedNow instead of other payment methods, such as wire transfers.

 Increased customer satisfaction:- Customers may be more satisfied with businesses that offer FedNow, as it will allow them to make payments more quickly and easily.

 Faster payments:-Consumers will be able to send and receive payments more quickly, which could make it easier to pay bills, shop online, and transfer money between friends and family.

Greater convenience:- FedNow will make it easier for consumers to manage their finances, as they will not have to wait as long for payments to clear.