12 ms·
> "more competition among the payment networks" The exact opposite of what's happening.
by IAmBroom 1y ago
> "more competition among the payment networks"
The exact opposite of what's happening.
- the_optimist 1y agoHow? The Discover network will be substantially better positioned to influence visa mastercard and amex, which are each expensive and oligopolistic. You know anything about this, or just spitballing here?
- toomuchtodo 1y agoAll payment roads eventually lead to FedNow instant payments. https://fintechtakes.com/articles/2025-03-25/the-pay-by-bank-breakthrough/ https://fintechtakes.com/articles/2025-03-25/the-pay-by-bank... https://20392958.fs1.hubspotusercontent-na1.net/hubfs/20392958/Whitepaper%20-%20US/matera-pix-by-the-numbers-q4-2024.pdf https://20392958.fs1.hubspotusercontent-na1.net/hubfs/203929... (page 4 specifically) (work at a fintech, thoughts and opinions my own)