Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed’s goal is to connect 9,000 financial institutions nationwide.

  • Aradina [She/They]
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    1 year ago

    Yep. Sometimes an Osko payment takes up to 24 hours if it’s to a new contact, but otherwise it’s usually instant. I assume the random 24 hour thing is some kind of anti-fraud measure, because it doesn’t always happen.