Fed launches long-awaited instant payments service, modernizing system
Fed launches long-awaited instant payments service, modernizing system
www.reuters.com Fed launches long-awaited instant payments service, modernizing system
The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country's payment system by eventually allowing everyday Americans to send and receive funds in seconds, 24 hours a day, seven days a week, the central bank announced on Thursday.
Looks like the US is finally catching up to the rest of the world for transferring money
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As a Canadian I'm surprised to hear it took this long. Is that why everyone uses venmo?