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EU seeks to make 10-second instant bank payments a reality
(www.euronews.com)
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this post was submitted on 09 Nov 2023
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Brazil has PIX: 24/7 instant (inter)bank transfers without any fees, you only need the money and the other person's key (email, phone number, SSN, random key or QR code)
We have it too but not internationally (yet).
Inter Bank? So just inside the same database? Because this is between different banks.
Inter is between 2 or more, intra is within the same.