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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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[–] iamak@infosec.pub 4 points 3 years ago (2 children)

I would add Digilocker as well. Completed removed my need for a wallet. But it's not as great as these 2

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[–] spiderman@ani.social 2 points 3 years ago (1 child)

yeah they are great but i always tend to carry a government id in the wallet since i kinda don't trust my smartphone's battery life. that goes same for a upi, i use it everyday but i always have a debit card incase if the bank server doesn't work or battery dies out

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[–] iamak@infosec.pub 2 points 3 years ago

Lol makes sense

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