this post was submitted on 24 Jul 2023
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Fed’s new instant payment system could be trouble for PayPal, Venmo (arstechnica.com)
submitted 1 year ago by L4s to c/technology
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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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[–] astropenguin5 4 points 1 year ago

Yeah we're in the fucking stone age over here. No federal e-transfer, all private healthcare, practically no public transport besides in some of the bigger cities, and even that isnt very good most of the time. Also still using imperial, way behind on a lot of tech legislation, basically relying on EU rules to carry over. There's a reason we're the 3rd world country of 1st world countries