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EU seeks to make 10-second instant bank payments a reality (www.euronews.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 24 points 10 months ago (2 children)

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)

[–] [email protected] 8 points 10 months ago

We have it too but not internationally (yet).

[–] [email protected] 1 points 10 months ago (1 children)

Inter Bank? So just inside the same database? Because this is between different banks.

[–] [email protected] 3 points 10 months ago

Inter is between 2 or more, intra is within the same.