Will FedNow improve retailers profitability? I think FedNow will have a huge impact in the economy

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

why? how come that hasn't happened with ACH?

The key distinction is if it’s pull vs push. Pull is better UX but means you have to make it reversible.

I think because FedNow settles instantly and it is non-reversible so it is much more likely for businesses to use it. I think the problem with ACH is that you can do transactions like allow buying Crypto because it is reversible and because of that companies have problems with fraud https://i.imgur.com/F0LHuI3.png