3 ms·
The UK has this as well, it's called Paym here. Mind, bank transactions through Faster Payments are also almost always instant, so it's just a convenience featu
by vertex-four 10y ago
The UK has this as well, it's called Paym here. Mind, bank transactions through Faster Payments are also almost always instant, so it's just a convenience feature, nothing majorly new. In the US, inter-bank transfers are not instant at all, so these middleman services provide direct benefits.