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TechnologyEnglish • 1 year ago

Fed’s new instant payment system could be trouble for PayPal, Venmo

arstechnica.com

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Fed’s new instant payment system could be trouble for PayPal, Venmo

arstechnica.com

L4sBotMB to

TechnologyEnglish • 1 year ago

cross-posted to:
[email protected]

Banks serving as guinea pigs for Federal Reserve’s instant payments system

arstechnica.com

The Fed's goal is to connect 9,000 financial institutions nationwide.

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

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3•1 year ago
If the money is going from a PayPal account to a PayPal account, why would it have to clear at all?

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