People Twitter

I don’t want to touch that fake ass poop paper

I've heard of this. It's sponsored by the human fund, is that the one?

Would you accept a crisp high-five?

Second time I've heard about taler in two months. A new record. I'd have to look into it again, but I can say is that if it soceeds, I hope it brings gnunet with it (except gns. It sucks and doesn't make sense

paid over Boob

At first I misread it this way, and I was like "ah yes, the world's oldest payment system"

My guess is that USAian banks charge stupid fees for any sort of transfer between different banks

Bank transfer wouldn't be instant. A lot of banks incorporate Zelle, so that's kind of the bank's third-party etransfer. Unless your bank is not one of the ones who has it, or you prefer to use CashApp because that's what your friends all use, etc.

nearly every bank in the US uses Zelle which lets you send money to another persons account with no fees, just using their phone number. for some reason people just prefer to use stupid shit like venmo.

We don’t have IBAN. Worse, we have routing and account numbers that CAN be used for an ACH transfer but many banks are disabling this functionality on personal accounts because people kept falling for scams.

American banks use ACH, and requires both a routing number (a bank identifier) and the account number.

But theres a reason to prefer a transaction service over direct ACH. And that is settlement time. A service like zelle, the transaction is done in real time as in the money will appear in your account within an hour. But ACH does batch settlements, and that can take up to 3 days (though its ussually a day) before the money appears in your account.

I accidentally floorped my underwear the other day when I sneezed too hard.

There is, it's called SEPA instant payment, and every single bank uses it. The tiny catch is that you have to be in Europe for it.

The same thing that leads to dealing with all the other kinds of bullshit & enshittification: convenient and free! Just sign here and tell us about yourself!

Honestly though once you're set up it seems like it's pretty simple. I don't actually use any of them, but my wife uses Venmo and Paypal for some stuff. There's a small business that I order my hobby supplies from, and I just ask my wife to send whatever dollar amount to the guy who runs the place when I text him about what I need. He could just invoice me and I could pay like you would on any online store, but this is somebody I've worked with for years so I'm not worried about preemptively sending the money over.