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.

  • gd42@lemmy.worldEnglish
    1·
    11 months ago

    We have similar system in Europe, cc and debit cards, PayPal (And similar) payment processors remain popular.