3 ms·
Wont FedNow make debit cards obsolete?
by hnburnsy 3y ago
Wont FedNow make debit cards obsolete?
- toomuchtodo 3y agoEventually, but that will take time as the scaffolding needed works its way through financial services firms like ACI and FiServ, and POS terminals and mobile apps gain support. In the interim, the Fed can squeeze this drag with regulation. https://www.axios.com/2023/07/22/fednow-instant-payments-credit-cards https://www.axios.com/2023/07/22/fednow-instant-payments-cre...