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Is Fed now a threat to a PayPal??

i wonder if fednow is a threat to paypals business model anyone have more insight on this ?
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  • AI轮 : It won't

  • 151641076 : I dont' see it that way. We're in Australia and our banking system has been using instant transfers for the past 6+ years and Paypal still being used for purchases, the Fednow will solve the personal fund transfers but for businesses, online purchases...etc. I dont think Paypal would be affected.