Yes. Here in Sweden we now have a system called Swish[1] that, after some initial setup, lets people make more or less instantaneous transfers to each other and

Yes. Here in Sweden we now have a system called Swish[1] that, after some initial setup, lets people make more or less instantaneous transfers to each other and to businesses. It works quite well, is very popular and, for now, is free to use for private individuals. I think one reason we have this system is the fear of bitcoin. (The other is the banks' wish for everyone to stop using cash.) [1] https://en.wikipedia.org/wiki/Swish_(payment) https://en.wikipedia.org/wiki/Swish_(payment)