Comment by SideburnsOfDoom
3 days ago
> Instant settle felt surprising in a world where bank transfers usually take days.
Yeah, that's not "a world" it's just the USA. Parts of the world - EU, UK etc have already moved on from that. Don't assume that the USA is leading edge in all things.
> Yeah, that's not "a world" it's just the USA.
"In a world" is a figure of speech which acknowledges the non-universality of the statement being made. And no it is not "just the USA". Canada and Mexico are similarly slow to adopt real-time payments.
It is wild to tell someone "don't assume" when your entire comment relies on your own incorrect assumption about what someone meant.
There is better commentary on the same basic point regarding SEPA / Faster Payments / FedNow and how the US lags world-leading practice in the other thread here: https://news.ycombinator.com/item?id=44738579
It's a bit more substantial, and less complaints about the semantics of the wording.
You’re not wrong. The US banks all suck. I’m willing to bet that every single one of them suck, though I’ve only tried a handful.