Re:Can the Visa-Mastercard duopoly be broken?
by toomuchtodo on Wednesday August 17, 2022 @09:24PM
(#32504076)
Itβs up to your bank. My max limits are $5k for known parties, $2k for new/unseasoned contacts (Chase).
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Re:Can the Visa-Mastercard duopoly be broken?
by ClumsyPilot on Wednesday August 17, 2022 @09:47PM
(#32504233)
So even you can't pay a rent deposit, pay university tuition or let alone large items like a car
Re:Can the Visa-Mastercard duopoly be broken?
by toomuchtodo on Wednesday August 17, 2022 @09:52PM
(#32504263)
At the moment. FedNow (new instant payment rails) limits will be $25k to start, negating the issue of low Zelle limits. Progress will arrive.