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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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[-] ididntsayanything@lemm.ee 4 points 1 year ago

This is wild. Here in the UK we just transfer money from bank to bank in an instant using the banks own app.

[-] rustyriffs@lemmy.world 1 points 1 year ago

How long has it been that way? We've never had that here in the states...

[-] docious@sh.itjust.works 1 points 1 year ago

I do this in the States. Maybe you haven't noticed the option on the bank's site? Also make sure to use a credit union.

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this post was submitted on 24 Jul 2023
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