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.

  • BombOmOmEnglish
    32•1 year ago

    Thank god. I very much so dislike having to use 3rd parties to transfer e-bucks. Always have to do the ‘I have x, do you have x?’ dance. Been using cash fairly often since it’s just easier.