Fed’s new instant payment system could be trouble for PayPal, Venmo
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![Banks serving as guinea pigs for Federal Reserve’s instant payments system](https://forkk.me/pictrs/image/89b67c81-84a3-4f72-8f7a-ff3e2ed1add7.jpeg?format=jpg&thumbnail=256)
arstechnica.com
Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed's goal is to connect 9,000 financial institutions nationwide.
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I would add Digilocker as well. Completed removed my need for a wallet. But it's not as great as these 2
yeah they are great but i always tend to carry a government id in the wallet since i kinda don't trust my smartphone's battery life. that goes same for a upi, i use it everyday but i always have a debit card incase if the bank server doesn't work or battery dies out
Lol makes sense