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I wonder what will happen when fedNow goes live. https://www.frbservices.org/financial-services/fednow/about.html https://www.frbservices.org/financial-service
by tryptophan 5y ago
I wonder what will happen when fedNow goes live.
https://www.frbservices.org/financial-services/fednow/about.html https://www.frbservices.org/financial-services/fednow/about....
It will be a cheap/free, instant, money sending service. What will be the point of visa/mastercard/paypal then?
- valzam 5y agoAustralia has had instant, free interbank transfers for years now (PayID) but for some reason I have yet to see a business accept it at PoS and only very rarely for online purchases. The only business that seem to accept it are crypto and stock exchanges, to get your money in fast...