TechnologyEnglish • 1 year ago

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

arstechnica.com

cross-posted to:
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Fed’s new instant payment system could be trouble for PayPal, Venmo

arstechnica.com

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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@gd42
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3•1 year ago
We have similar system in Europe, cc and debit cards, PayPal (And similar) payment processors remain popular.

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