from Hacker News

The Silver Bullet to Reduce Payment Processing Costs

by nakulkothari on 5/10/23, 4:13 PM with 9 comments

  • by bombcar on 5/10/23, 4:51 PM

    I want FedNow™ to come in and destroy all payment processing forever.

    It'll never happen, but I can dream.

    https://www.frbservices.org/resources/fees/fednow-2023

    hehe, Request for Payment (RFP) PAIN.013

  • by sharemywin on 5/10/23, 4:29 PM

    If I could just get to a payment volume of 10M ARR I would be all about this.

  • by PrajjwalKumar on 5/10/23, 4:30 PM

    This can be really a futuristic thought. I mean Processing cost is a serious pain point for merchants KUDOS!!!

  • by apoorvdixit88 on 5/10/23, 6:33 PM

    Insightful on overall cost savings and increased revenue