In 2024, USA will reach the current present in Europe ;)
Since 2017, the SEPA Instant Credit Transfer protocol is enabled in Europe. Which is basically what FedNow will be.
Multiple apps and banks have built on top of it solutions for consumers and businesses.
I interviewed Bizum, the success story of Spain related to instant payments. Here, "bizum" is a verb. 100% of banks supoort it. Everyone, kids and adults, use it to pay for beers, food or presents https://www.javierescribano.me/bizum/
Since 2017, the SEPA Instant Credit Transfer protocol is enabled in Europe. Which is basically what FedNow will be.
Multiple apps and banks have built on top of it solutions for consumers and businesses.
I interviewed Bizum, the success story of Spain related to instant payments. Here, "bizum" is a verb. 100% of banks supoort it. Everyone, kids and adults, use it to pay for beers, food or presents https://www.javierescribano.me/bizum/