News for hackers. Stuff that matters.

A comment on Final – A credit card built for the 21st century. Parent comment

Re:Final – A credit card built for the 21st century by alkonaut on Wednesday October 08, 2014 @04:32PM (#8429297)
Isn't there a common system for transferring money such that every corporation has a public "number" to which you can send money, meaning that HOW you do that (your internet bank or whatever) isn't really a concern of the receiver?

I mean each insurance company etc. can't each be setting up their own solutions for online payments, right?

[ Parent | on HN ]
Re:Final – A credit card built for the 21st century by cdcarter on Wednesday October 08, 2014 @05:47PM (#8429646)
Each insurance company is indeed setting up their own solution for online payment.
[ Parent | on HN ]
Re:Final – A credit card built for the 21st century by alkonaut on Thursday October 09, 2014 @07:26AM (#8431711)
Hilarious. Do they also invent an email standard and a currency?

Why not ditch checks and just set up a reliable/cheap money transfer system? It's peculiar how the country that is at the epicenter of the world economy and the Internet doesn't actually use the Internet for money related things (tax returns, banking, insurance...).

[ Parent | on HN ]
Re:Final – A credit card built for the 21st century by XorNot on Thursday October 09, 2014 @12:56PM (#8433596)
Finance follows information lag. If everyone had perfect information or speedy funds transfer ability then there would be no stock market.
[ Parent | on HN ]
Re:Final – A credit card built for the 21st century by dzhiurgis on Thursday October 09, 2014 @07:45AM (#8431787)
@alkonaut

Because that's what terrorists would do.

[ Parent | on HN ]