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June 27, 2008

Fortress Europe's Independence Day?

I attended a long discussion yesterday about High Value Payments (HVP).

I wondered why we even bothered to discuss and delineate between Low Value Payments (LVP) and HVP these days. Surely, we should just talk about Real-Time Payments (RTP), near RTP (sub two hours) and D+n. Alternatively, urgent versus non-urgent with T+n, dependent upon your view of the world.

Having introduced enough acronyms in my opening paragraph to confuse a rocket scientist, I think I can see why we talk about HVP versus LVP … it makes us sound more interesting and knowledgeable.

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