One QR code, several rails: US payment firms demo the X9.150 standard for FedNow, RTP and USDC

A group of payment firms gave the first live public demonstration of ANSI X9.150, a US standard for QR code payments, at Money20/20 USA on 19 October 2026. The standard was approved by the ANSI X9 committee in July 2026 and gives banks, networks and software providers a common QR format for account-to-account payments. In the demo a small business sent an invoice carrying one X9.150 code. The payer scanned it in a credit union's banking app, or in a crypto wallet to pay in USDC on Solana, and the funds arrived within seconds. The business's accounting system then marked the invoice as paid automatically. The standard is designed to support FedNow, RTP, ACH credit transfers, the Zelle network and stablecoins, so the payer uses whichever rail their bank or wallet supports. Matera, which helped build Brazil's Pix ecosystem, has published open-source reference software for the standard. Payfinia built a routing workflow and a plug-in for digital banking platforms and tested it with Star One Credit Union's app; it serves nearly 30 community financial institutions. The Solana Foundation and the wallet provider Squads handled the USDC leg, and the Zelle network operator is listed as a participant. This is a demonstration, not a product launch. No rollout timeline, pricing or adoption numbers were given, and the group is asking banks, fintechs and merchants to join pilots. The interest for merchants is that the US has never had a shared QR format for bank payments. A common code across several instant rails is the model that helped Pix spread in Brazil, and it could eventually offer a low-cost alternative to cards for invoices and some checkout flows.