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I have FB Payments transactions between friends from August 2015. Looks like over 275 transactions total. Of every money transfer service, its the fastest bar

by basch 7y ago

I have FB Payments transactions between friends from August 2015. Looks like over 275 transactions total. Of every money transfer service, its the fastest bar none. It was shockingly good at what it did, given that it was an interface between legacy banks, I hope it stays as high quality.

sdinsn 7y ago
> Of every money transfer service, its the fastest bar none How is it faster than other instant transfer services, like Zelle or Venmo?
- basch 7y ago
  If I stand in front of an ATM, and someone sends me money, I can take it out seconds later. Its a near instantaneous transfer. Zelle is about as fast, but facebook has been around longer, and has been instant since it launched, long before Venmo added it (and charges for it.) Zelle is also only instant within the Zelle network. Then again maybe every bank ive ever used with FB is within the FB network of instant banks?