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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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10 second instant? I hope at their next restaurant outing they get meat fresh from the can.
Just compare that to the US system with checks that needs days to process and clear...
Think the instant part is supposed to be "relative to status quo". Comparing it taking hours-days and 10 seconds makes it seem instant