Re:Stripe now supports ACH payments
by DrJokepu on Wednesday January 13, 2016 @10:59AM
(#10895226)
I mean, there is also a free market in the UK, yet Faster Payments Service transaction cost a fraction of what wire transfers cost in America, so what's the difference?
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To explain the joke, the US system is cartelised, while the UK one is under a bit more political and regulatory pressure to treat customers fairly.
(Not that we haven't had a problem with BS fees or the payment protection insurance scandal!)