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A comment on Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service. Parent comment

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by rahimnathwani on Wednesday November 11, 2015 @08:58PM (#10550818)
"In Australia, you can make a free transfer entirely from web/app and it will be received, often the next day."

In the UK or China, it's minutes/hours, as long as you do the transfer before a certain time.

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Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by seekingcharlie on Wednesday November 11, 2015 @09:52PM (#10551004)
Sorry, should edit that - it's immediate for us in Australia if you have transferred to a certain person before OR if you use the same bank.

It's the next day for external banks / people that you haven't transferred to before.

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Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by rahimnathwani on Thursday November 12, 2015 @01:37AM (#10551646)
"It's the next day for external banks / people that you haven't transferred to before."

OK - so you're still a touch behind the UK and China ;)

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Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by seekingcharlie on Thursday November 12, 2015 @11:39AM (#10554202)
Agreed. Still miles ahead of the US! ;)
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Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by sjwright on Thursday November 12, 2015 @12:01AM (#10551393)
And I believe the big four banks are working on increasing that to four clearances per day.
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