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U.S. Bank pilots real-time payments app for car sales

April 4, 2022

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U.S. Bank is piloting a new real-time payments application, teaming with car sales company Lithia Motors to offer a speedier way for consumers to sell their used cars from the driveway of their homes, the companies said in a press release last month.

It’s the bank’s bid to advance its business of embedding payments processes in transactions in a way that’s simple to use and more efficient.

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