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Re:FedNow FAQ by cube2222 on Thursday August 18, 2022 @04:04PM (#32514220)
In Poland we have BLIK for a few years already.

All major banks participate in it, and it's both P2P (send to target phone number, which will behind the scenes resolve to a bank account) and web payments (use a one-time code from your bank app and then confirm in the app, without sharing any permanent data like card numbers).

Also, it's instantaneous and free.

And in fact almost nobody in Poland uses Revolut nor PayPal for P2P, everybody uses BLIK. People do use Revolut for their great exchange rates though.

Re:FedNow FAQ by skippyboxedhero on Thursday August 18, 2022 @08:37PM (#32516486)
Phone numbers and one-time codes, sensible. I am in the UK and the term "fintech hub" is used too loosely (part of the problem is that banks have got so large and lazy here, there is competition, most of it terribly ineffective).