Re:Apple unveils contactless payments via Tap to Pay on iPhone
by namibj on Tuesday February 08, 2022 @04:23PM
(#30264911)
Fee-less and effectively instant?
That's the state we are at, now, though it doesn't work for all banks due to the separate clearing system for instant transfers. Normal transfers just take a bank day delay if you're unlucky.
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Re:Apple unveils contactless payments via Tap to Pay on iPhone
by digisign on Tuesday February 08, 2022 @07:41PM
(#30267015)
Yes, though I actually prefer non-instant... at least once I fixed my bill-pay amount before it cleared at 10pm that evening.
Re:Apple unveils contactless payments via Tap to Pay on iPhone
by namibj on Wednesday February 09, 2022 @12:38AM
(#30269294)
Oh sure, that instant effect is more important for transactions where you don't feel like waiting for it clearing before getting the "reward". Say, being able to buy at an online shop before noon to get it shipped the same day, without any credit history or such required.