3 ms·
I think FedNow will have a harder time than UPI and Pix because the private options are quite good already (although nobody likes to pay unnecessary tolls).
by meiraleal 2y ago
I think FedNow will have a harder time than UPI and Pix because the private options are quite good already (although nobody likes to pay unnecessary tolls).
- toomuchtodo 2y agoI agree there is inertia, but large merchants like Walmart (who specifically filed comments supporting FedNow due to credit card processing fees) are highly incentivized to integrate support for these payment rails in their infra to drive down payment costs. https://news.ycombinator.com/item?id=38418894 https://news.ycombinator.com/item?id=38418894