Financing My Klarna Doritos Locos Taco

Re:Financing My Klarna Doritos Locos Taco by rekttrader on Friday October 10, 2025 @09:28PM (#45545728)

Have you tried doing an ACH to a friend or paid rent that way recently? Banks force you to Zelle (there are daily/weekly limits) they’re not enough to cover modern rents so you breakup payments. Meanwhile any stable coin transfer can be done in minutes and works better than any payment rail ever.

Edit: I got my landlord to open a Coinbase account because stablecoin payments are way easier (also got a signup bonus for referring a new account)

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Re:Financing My Klarna Doritos Locos Taco by everythingctl on Friday October 10, 2025 @09:40PM (#45545811)

Pretty much every other developed country has solved this problem without having to transact in digital lottery tickets.

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Re:Financing My Klarna Doritos Locos Taco by xethos on Saturday October 11, 2025 @12:01AM (#45546477)

Yes and no. I can eTransfer in Canada... to a limit of $2,000 CAD daily. Rent is $2,100, so parent's point stands.

I could upgrade my cellphone and use Google Play Services, allowing up to $10,000 CAD daily, but I have no intention of doing so. I think it's messed up to tie my financial and digital sovereignty to a foreign corporation, I don't appreciate the hit to battery life, privacy, and the pre-requisite bump in hardware to run GApps, and I simply don't want to end up on the spending treadmill for new cellphones.

Canada "solved" this, but the limits haven't kept up with inflation or life in general

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Re:Financing My Klarna Doritos Locos Taco by Nursie on Saturday October 11, 2025 @12:56AM (#45546683)

In Australia I can send $20k. In the UK it was similar.

These concerns seem very weird to me.

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Re:Financing My Klarna Doritos Locos Taco by xethos on Saturday October 11, 2025 @03:37AM (#45547381)

They kind of are, I'll immediately cop to that. I don't think it's that odd to say the constant upgrade treadmill is expensive though. I also don't appreciate gating features of our society behind smartphone ownership.

My specific concerns are odd. Not appreciating smartphone requirements for life feels more mainstream (if only marginally)

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Re:Financing My Klarna Doritos Locos Taco by Nursie on Saturday October 11, 2025 @06:02AM (#45547894)

I’m not tied to a smartphone to do those things in the UK or Aus either.

Different geographies work differently I guess. In Brazil there’s an entire payment network (pix) that is centrally run, free and hugely popular.

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Re:Financing My Klarna Doritos Locos Taco by malnourish on Friday October 10, 2025 @10:01PM (#45545942)

My living partner transfers me money via ACH each month to share our expenses. It's effectively instant.

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Re:Financing My Klarna Doritos Locos Taco by dmoy on Friday October 10, 2025 @10:36PM (#45546104)

ACH isn't instant, but if you use the same bank they may use something besides ACH to affect the transfer.

ACH is... FTPing around flat files, at some point in the day. Or the next day. Plus time for clearing.

FedNow is closer to instant

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Re:Financing My Klarna Doritos Locos Taco by otterley on Friday October 10, 2025 @11:36PM (#45546401)

For the purpose of making rent payments, it doesn't matter.

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Re:Financing My Klarna Doritos Locos Taco by chews on Friday October 10, 2025 @10:34PM (#45546095)

You've undoubtedly done this before the IRS/Treasury $600 dollar reporting requirements... try to do this with someone new.

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Re:Financing My Klarna Doritos Locos Taco by otterley on Friday October 10, 2025 @11:37PM (#45546406)

I have never been forced to use Zelle instead of ACH. You just have to know how to arrange an ACH payment with your financial institution.

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Re:Financing My Klarna Doritos Locos Taco by tstenner on Saturday October 11, 2025 @01:52AM (#45546929)

Europe just nixed the general €100K limit on SEPA instant transfers. Before that, you had to split it up or wait 1-2 days for the regular transfer to go through.

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