Comment by samstave 3 years ago [flagged] 2 comments samstave Reply tarsinge 3 years ago This is not something revolutionary, multiple countries already have instant payment: https://en.wikipedia.org/wiki/Instant_payment. This is just a technical improvement on existing systems. Regarding your questions the FED is simply providing a facility (https://en.wikipedia.org/wiki/Clearing_house_(finance)) that willing participants (the list of early adopters is in the article) can use. pertymcpert 3 years ago [flagged]
tarsinge 3 years ago This is not something revolutionary, multiple countries already have instant payment: https://en.wikipedia.org/wiki/Instant_payment. This is just a technical improvement on existing systems. Regarding your questions the FED is simply providing a facility (https://en.wikipedia.org/wiki/Clearing_house_(finance)) that willing participants (the list of early adopters is in the article) can use.
This is not something revolutionary, multiple countries already have instant payment: https://en.wikipedia.org/wiki/Instant_payment. This is just a technical improvement on existing systems. Regarding your questions the FED is simply providing a facility (https://en.wikipedia.org/wiki/Clearing_house_(finance)) that willing participants (the list of early adopters is in the article) can use.
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