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

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MasterOBee Master/King@lemmy.world
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What bank do you have that charges $35 for a transfer?

I transfer between b of a and chase bank, both known for having decently high fees, without any of those fees.

The $35 amount I’ve only seen with overdrafting. Do you overdraft every single transfer?

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abhibeckert@lemmy.world
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That was sarcasm.

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MasterOBee Master/King@lemmy.world
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Which part? The fees?

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jeffw@lemmy.world
6 points

Bruh… the entire comment. 7 to 45 days… really? Gratuity… in a bank app?

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