BitShares Forum
Other => Random Discussion => Topic started by: matt608 on February 02, 2015, 08:09:40 pm
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http://www.bbc.co.uk/newsbeat/31092995
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thx for sharing !
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Is this related to ripple?
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Yeah, in the UK it's pretty quick and convenient to spend or send money (GBP internally within the UK):
- "Faster payments" - effectively instant payments - I think most banks use the scheme now http://www.fasterpayments.org.uk/about-us/how-faster-payments-works (http://www.fasterpayments.org.uk/about-us/how-faster-payments-works)
- Send money by SMS to someone's mobile (cell) phone number http://www.thisismoney.co.uk/money/saving/article-2619519/New-ways-pay-Transfer-money-text-message-simply-pay-wave.html (http://www.thisismoney.co.uk/money/saving/article-2619519/New-ways-pay-Transfer-money-text-message-simply-pay-wave.html)
- Contactless payment with credit and debit cards for payments under £20 ($30) http://www.theukcardsassociation.org.uk/contactless_consumer/what_is_contactless.asp (http://www.theukcardsassociation.org.uk/contactless_consumer/what_is_contactless.asp)
- Chip and PIN payments with credit and debit cards, so no need for signature.
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Not ripple.
Probably an extension of the pay-by-phone number thingy (by Monitise, I think), which someone told me was (like contactless payments) also limited to something like £50..