Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed’s goal is to connect 9,000 financial institutions nationwide.

  • AbackDeckWARLORD@sh.itjust.works
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    1 year ago

    We have something like this in Canada, Interac

    Interac is not the same thing at all, the US equivalent is Zelle.

    FedNow does instant EFT payments, which is something Canada does not have.