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The concept is both incredibly simple and incredibly intuitive: Offer customers 24/7 access to goodfunds on demand, however and wherever they want them. But delivering on that concept — and providing instant push payments on demand — is far from simple.
Somewhat ironically, these are some of the same players who now use the card rails to push payments in real time between senders and receivers on their respective platforms – Square Cash App, Venmo and Apple Pay Cash – and pretty cheaply, and very securely, across the debit card rails.
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