Tools & Comparisons
Payment Rails Compared on Finality and Reversibility
Rails are usually compared on speed and cost. Compared instead on when a payment becomes irreversible and who absorbs a loss, the ranking changes completely.
Tag
finality
2 articles.
Explainers
What Settlement Finality Actually Means
A payment that has 'gone through' has not necessarily finished. Finality is the moment a transfer becomes unconditional and irrevocable, and it arrives at a different point on every rail.
