300

Fed’s new instant payment system could be trouble for PayPal, Venmo(arstechnica.com)

posted
by
Avatar
L4sBot@lemmy.worldMB
in
Avatar
technology@lemmy.world
82 comments
hidereport

Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed’s goal is to connect 9,000 financial institutions nationwide.

Sort:
HotTopControversialNewOld
You are viewing a single thread.
View all comments View context
Avatar
jeffw@lemmy.world
1 point

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

permalink
report
parent
reply
Avatar
abort_christian_babies@lemmy.world
-1 points
Deleted by creator
permalink
report
parent
reply
Avatar
jeffw@lemmy.world
1 point

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

permalink
report
parent
reply

Technology

!technology@lemmy.world

Create post

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

Community stats

  • 16K

    Monthly active users

  • 12K

    Posts

  • 555K

    Comments

Community moderators