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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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[–] Sylocule@lemmy.one 4 points 3 years ago

In Spain we have Bizum - transfer money using a persons mobile phone number (as long as you’re both registered with your bank). Instant and free

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