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submitted 3 years ago by L4s@lemmy.world [M, B] 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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[–] jetsetdorito@lemmy.world 7 points 3 years ago*

In the US we have Zelle which is free and instant, but it's still a third party your bank integrates

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