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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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abort_christian_babies@lemmy.world
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jeffw@lemmy.world
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We’re talking about wire transfers, not closing on a mortgage. They take 3-5 days. I pay my loan to Rocket every month

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abort_christian_babies@lemmy.world
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jeffw@lemmy.world
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No, the entire thread is about wire transfers lol. There’s nowhere on Earth where you can close on your mortgage instantly

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