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

you are viewing a single comment's thread
view the rest of the comments
[–] 6 points 3 years ago

We had bank to bank and bank to merchant over the internet in 1996. And by 2003 the interac e-transfer for customer to customer had rolled out countrywide.

The history is actually pretty impressive.

  • source
  • parent