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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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[–] gd42@lemmy.world 3 points 3 years ago

We have similar system in Europe, cc and debit cards, PayPal (And similar) payment processors remain popular.

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