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In EU I can pay my company's taxes with a FedNow/UPI/Venmo-like system. Just punch a passcode in the bank's app when prompted by notification. Settled within 5
by SSLy 2y ago
In EU I can pay my company's taxes with a FedNow/UPI/Venmo-like system. Just punch a passcode in the bank's app when prompted by notification. Settled within 5 seconds.
- PaulDavisThe1st 2y agoNot sure that speed is so important for such transactions. I just paid my 3rd quarter estimated taxes in the USA (both federal and state). Both transactions came straight out of my bank the day after I submitted the payments. Perfectly fine. It is retail transactions where I and someone/something else trade money for goods that need the "instant" aspects of this.
- SSLy 2y agoOh yea we have this too of course.
- webninja 2y ago[flagged]