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A comment on Payday loans are coming for everyone. Parent comment

Re:Payday loans are coming for everyone by gugagore on Wednesday September 19, 2018 @02:23PM (#18026452)
>The costs in making sure things are tied out (ie, all amounts match to the penny) seem pretty high.

Could you elaborate on why it seems high? What you're describing is computations on distributed systems, and I'd be surprised if it's computation or communication that is the bottleneck for handling ACH transactions.

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Re:Payday loans are coming for everyone by r00fus on Wednesday September 19, 2018 @04:45PM (#18027548)
Manual effort for handling discrepancies for each payroll run. You might be surprised but lots of companies' payroll processes are not automated to avoid manual processing at some point in the process.
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