FedNow FAQ
This is one of the best things about living in Southeast Asia.<p>Instant bank transfers.<p>Because of this you csn just scan the QR code of your taxi, the fruit seller on the street, transfer to your friends.<p>Everyone gets it instantly.<p>Now this is not third party services. It’s bank account to bank account. As a result things like PayPal or Cash app make no sense in this part of the world and have no uptake here.<p>In fact it’s a downgrade to use those kinds of services.<p>Remembering the bank issues in North America is quite painful. Hope it really happens next year.