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FedNow is analogous to SWIFT, not applications like Giropay / iDEAL / wero.
by loeg 2y ago
FedNow is analogous to SWIFT, not applications like Giropay / iDEAL / wero.
- cubefox 2y agoI don't know about the others, but Giropay just does a redirect to your online banking account and prefills the bank transfer form. The actual payment is literally the instant bank transfer solution. (I think it's called TIPS, not SWIFT.)
- ywvcbk 2y agoWouldn’t it be closer to SEPA? i.e. both are single currency, low cost and instant(?), effectively the opposite of SWIFT.