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 3 years ago by L4s@lemmy.world [M, B] to c/technology@lemmy.world

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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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[–] malloc@programming.dev 4 points 3 years ago

This is what banking looks like if you are poor, unfortunately.

Those cash checking places are fucking evil. Then the payday loan companies with usury…

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