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"ATM rails?" Can you explain that a little more?
by dylanbathurst 13y ago
"ATM rails?" Can you explain that a little more?
- rmanisha 13y agoSure, the transactions would travel along the same rails used when you walk up to an ATM and withdraw funds. When you input your debit card, the information is validated immediately, your balance is then depleted by the amount withdrawn. The push to debit card functionality will move funds along this network instead of the cumbersome ACH network, which take days to process requests and validate bank account information.