▲ 301 ▼ 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 87 comments fedilink hide all child comments Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed's goal is to connect 9,000 financial institutions nationwide.