The UK already has Faster Payments and much of the EU has SEPA with an "instant" option. There are already processors who will let you leverage these options (e

The UK already has Faster Payments and much of the EU has SEPA with an "instant" option. There are already processors who will let you leverage these options (eg GoCardless) with very low processing fees and many banks are trying to expose payment endpoints. I don't think we should welcome stepping back to having another middleman involved in the process. What's their value-add? Are they going to be the insurance in fraud, offer chargebacks?