Enigma Technologies Co-founder and CEO Hicham Oudghiri said the ecosystem surrounding instant payments is complex. “When it comes to instant payments, everyone has their own voice,” Oudghiri said in the latest installment of the continuing series “What’s Next in Payments: Instant Payments: What Will Turbocharge Instant Payments Growth in 2024?” There are several “sides” to the faster payments equation, spanning consumers and merchants, he said. “And there are the financial institutions in between them handling all the ‘magic’” and facilitating the payments themselves, he said. Consumers want a range of payment options on hand, and faster payments can appeal to them (especially when it comes to receiving funds). Merchants, ever desiring faster funds flowing into corporate coffers, value the transparency of cash flow brought through instant payments.The incentives might include discounting the prices charged for products and services if customers elect to pay with instant methods.