[asd88]

This is not a consumer-facing, social payment platform (e.g. Venmo), it is another payment rail (e.g. ACH, wires).

Laypeople are not the target audience for this, payment rail users are (i.e. entities who regularly utilize ACH/wire transfers or build services on top of them).

[cubefox]

> Laypeople are not the target audience for this

Why not? There is no reason you couldn't buy a coke with it, with a fraction of the usual credit card fee. It just needs to be implemented.

[theptip]

Same reason that laypeople are not the target audience of AWS. It’s a building block you use to build a product, not a product.

[system2]

So something like Stripe would benefit from this?

[IgorPartola]

Basically you know how you can ACH payments from your account to someone else’s and back but it only happens the next morning as long as the next morning is a business day? Now it would happen instantly on any day.