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Fed’s new instant payment system could be trouble for PayPal, Venmo
(arstechnica.com)
This is a most excellent place for technology news and articles.
This is wild. Here in the UK we just transfer money from bank to bank in an instant using the banks own app.
Same here in Canada, e-transfer with 0 fees is pretty normal.
It's been a while since I did it but you can authorize it so all e-transfers are automatically accepted and deposited. I can't think of a scenario where that would be a bad thing.
Yeah, I have auto-deposit enabled.