faster payments

Faster Payments Service (FPS) is a UK banking initiative to reduce payment times between different banks' customer accounts from the three working days that transfers take using the long-established BACS system, to typically a few seconds.

(source: en.wikipedia.org)

Is The Bitcoin Protocol Creating A Boundary- Less Payments Process?
Is The Bitcoin Protocol Creating A Boundary- Less Payments Process?
October 02, 2014  |  Alternative Finances

Existing payment schemes were created with the understanding that payments are going to be (and stay) domestic. That old school way of thinking doesn’t reflect...

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