I don't do much banking in the U.S. system, but I'm assuming that ACH transfers ... | Hacker News

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		fweimer 43 days ago \| parent \| context \| favorite \| on: A failure of security systems at PayPal is causing... I don't do much banking in the U.S. system, but I'm assuming that ACH transfers get you pretty close to a giro system. Apparently, they are quite slow by SEPA's standards.

alistairSH 43 days ago [–]

Very slow. And not something consumers use to pay each other.

If I need to pay a friend, it’s Venmo or PayPal in the US. In theory Zelle too, but I don’t know anybody who uses it.

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