Still not "the world", but we've had next day transfers on SEPA in EU for the last 10 years and EU banks are now scrambling to comply with instant transfers. Ev

Still not "the world", but we've had next day transfers on SEPA in EU for the last 10 years and EU banks are now scrambling to comply with instant transfers. Even before that they were not as trivial but easy enough. We've had pin-and-chip for more than 20 years in France. The domestic US transfer and payment situation looks ludicrously outdated when viewed from over here. > Money transfers between countries in particular poorer ones is absolutely not a solved problem. It may come out wrong (that is, there are some people that legitimately and desperately need this in these countries) but I fear this will mostly enable more extortion and scam schemes. And of course, one more way for Facebook to gather data.