Same, until I went to the US where nothing is standardized and somehow there's p... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

biscuitech on July 15, 2023 | parent | context | favorite | on: Bank transfers as a payment method (2021)

Same, until I went to the US where nothing is standardized and somehow there's private companies worth billions that cover this precise use case. It's actually mind blowing.

The single banking system of Canada is a massive win in this regards

tdhoot on July 15, 2023 [–]

Interac is also a for-profit corporation. It's just owned by an association of banks. Zelle would be the equivalent in the US.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact