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Re:FedNow FAQ by astrange on Friday August 19, 2022 @12:45AM (#32517629)
Credit cards are popular because of government regulation, namely that you have better fraud protection on your credit card than your debit card.

If they go away it's because their credit product will be replaced by BNPLs, and transactions with trustworthy stores will move to FedNow to avoid that 3%ish interchange fee.

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