As I explained already, it's free and instant to me, that's what people actually care about. But I think you're also wrong about: The cost - it really is free

As I explained already, it's free and instant to me, that's what people actually care about. But I think you're also wrong about: The cost - it really is free, there are no hidden charges on the bank account or for any party involved. The transaction time - it really is settled that quickly between banks in the UK at least with faster payments. It leave my account and appears in the other one within seconds, sometimes within 1 second.