Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Wiring money isn’t a great analogy. In the US it’s expensive for consumers just because banks can charge a lot for it, but ACH isn’t really more or less reversible (I.e., both are, to a degree) and is free. Conversely, in SEPA, wire transfers are free/inexpensive and in my experience people routinely use them for consumer payments.


Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: