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Re: The chip card transition in the US has been a disaster

From Huge <Huge@nowhere.much.invalid>
Newsgroups comp.misc
Subject Re: The chip card transition in the US has been a disaster
Date 2016-08-04 17:06 +0000
Organization Piglet's Pickles & Preserves
Message-ID <e0hb0cF8k8jU1@mid.individual.net> (permalink)
References <jZJswNWHqORILM0kYwb7jws3@dont-email.me> <nnllm3$b7p$1@dont-email.me> <87twf5cxp0.fsf@elektro.pacujo.net> <nnoar2$cbp$1@dont-email.me> <nnvokr$uo6$1@dont-email.me>

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On 2016-08-04, Scott Alfter <scott@alfter.diespammersdie.us> wrote:
> In article <nnoar2$cbp$1@dont-email.me>,
> Jerry Peters  <jerry@example.invalid> wrote:
>>Marko Rauhamaa <marko@pacujo.net> wrote:
>>> Jerry Peters <jerry@example.invalid>:
>>>> We've ACH since the 1970's.
>>> 
>>> Hm, never heard of that system during the 15 years I lived in
>>> California.
>>
>>Of course not, it's a system internal to the banks, the only reason I
>>know about it is I spent about half my career working in banking. It
>>stands for Automated Clearing House.  It allows member banks to
>>transfer funds amongst themselves and other ACH's.
>
> More recently, they've opened it up somewhat to allow people to send money
> to each other.  They link your account to a phone number or email address so
> that you're not handing your account number out to everybody.  So far, I've
> used it to transfer between my accounts at a bank and a credit
> union...usually takes three days,

Retail banking in the USA is in the Dark Ages.

When I transfer money between accounts (at different banks), the transfer
has usually completed by the time I change and refresh browser tabs. I'm
in the UK.


-- 
Today is Sweetmorn, the 70th day of Confusion in the YOLD 3182
                  I don't have an attitude problem.
    If you have a problem with my attitude, that's your problem.

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Thread

The chip card transition in the US has been a disaster Rich <rich@example.invalid> - 2016-07-30 19:35 +0000
  Re: The chip card transition in the US has been a disaster Marko Rauhamaa <marko@pacujo.net> - 2016-07-30 22:51 +0300
    Re: The chip card transition in the US has been a disaster RS Wood <rsw@therandymon.com> - 2016-07-31 00:41 +0000
    Re: The chip card transition in the US has been a disaster Roger Blake <rogblake@iname.invalid> - 2016-07-31 01:33 +0000
      Re: The chip card transition in the US has been a disaster Huge <Huge@nowhere.much.invalid> - 2016-07-31 10:18 +0000
        Re: The chip card transition in the US has been a disaster Marko Rauhamaa <marko@pacujo.net> - 2016-07-31 19:43 +0300
  Re: The chip card transition in the US has been a disaster J Callen <jack@sometimes.invalid> - 2016-07-30 21:40 +0100
    Re: The chip card transition in the US has been a disaster mm0fmf <none@invalid.com> - 2016-07-30 22:07 +0100
    Re: The chip card transition in the US has been a disaster Rich <rich@example.invalid> - 2016-07-30 21:17 +0000
      Re: The chip card transition in the US has been a disaster Michael Black <et472@ncf.ca> - 2016-07-30 18:51 -0400
        Re: The chip card transition in the US has been a disaster J Callen <jack@sometimes.invalid> - 2016-07-31 00:25 +0100
    Re: The chip card transition in the US has been a disaster Bob Eager <news0006@eager.cx> - 2016-07-30 21:38 +0000
      Re: The chip card transition in the US has been a disaster Marko Rauhamaa <marko@pacujo.net> - 2016-07-31 01:23 +0300
        Re: The chip card transition in the US has been a disaster Roger Blake <rogblake@iname.invalid> - 2016-07-31 01:40 +0000
        Re: The chip card transition in the US has been a disaster Ian McCall <ian@eruvia.org> - 2016-07-31 09:08 +0100
        Re: The chip card transition in the US has been a disaster Jerry Peters <jerry@example.invalid> - 2016-07-31 20:05 +0000
          Re: The chip card transition in the US has been a disaster Marko Rauhamaa <marko@pacujo.net> - 2016-08-01 00:19 +0300
            Re: The chip card transition in the US has been a disaster Jerry Peters <jerry@example.invalid> - 2016-08-01 20:18 +0000
              Re: The chip card transition in the US has been a disaster Marko Rauhamaa <marko@pacujo.net> - 2016-08-01 23:56 +0300
                Re: The chip card transition in the US has been a disaster Jerry Peters <jerry@example.invalid> - 2016-08-02 20:39 +0000
                Re: The chip card transition in the US has been a disaster Marko Rauhamaa <marko@pacujo.net> - 2016-08-03 02:10 +0300
              Re: The chip card transition in the US has been a disaster scott@alfter.diespammersdie.us (Scott Alfter) - 2016-08-04 15:57 +0000
                Re: The chip card transition in the US has been a disaster Huge <Huge@nowhere.much.invalid> - 2016-08-04 17:06 +0000
          Re: The chip card transition in the US has been a disaster Huge <Huge@nowhere.much.invalid> - 2016-07-31 21:23 +0000
            Re: The chip card transition in the US has been a disaster Jerry Peters <jerry@example.invalid> - 2016-08-01 20:01 +0000
          Re: The chip card transition in the US has been a disaster Bob Henson <rh547477@gmail.com> - 2016-08-01 09:19 +0100
            Re: The chip card transition in the US has been a disaster Paul Sture <nospam@sture.ch> - 2016-08-01 13:10 +0200
              Re: The chip card transition in the US has been a disaster Mike Spencer <mds@bogus.nodomain.nowhere> - 2016-08-01 16:20 -0300
                Re: The chip card transition in the US has been a disaster Paul Sture <nospam@sture.ch> - 2016-08-01 21:46 +0200
                Re: The chip card transition in the US has been a disaster Mike Spencer <mds@bogus.nodomain.nowhere> - 2016-08-02 02:48 -0300
                Re: The chip card transition in the US has been a disaster Paul Sture <nospam@sture.ch> - 2016-08-02 13:08 +0200
                Re: The chip card transition in the US has been a disaster Mike Spencer <mds@bogus.nodomain.nowhere> - 2016-08-02 15:21 -0300
                Re: The chip card transition in the US has been a disaster Marko Rauhamaa <marko@pacujo.net> - 2016-08-02 22:47 +0300
                Re: The chip card transition in the US has been a disaster Jerry Peters <jerry@example.invalid> - 2016-08-02 20:42 +0000
                Re: The chip card transition in the US has been a disaster Richard Kettlewell <invalid@invalid.invalid> - 2016-08-03 09:27 +0100
                Re: The chip card transition in the US has been a disaster Bob Eager <news0006@eager.cx> - 2016-08-02 20:42 +0000
                Re: The chip card transition in the US has been a disaster Johnny B Good <johnny-b-good@invalid.ntlworld.com> - 2016-08-03 21:24 +0000
                Re: The chip card transition in the US has been a disaster Paul Sture <nospam@sture.ch> - 2016-08-04 02:03 +0200
            Re: The chip card transition in the US has been a disaster Jerry Peters <jerry@example.invalid> - 2016-08-01 20:21 +0000
            Re: The chip card transition in the US has been a disaster Larry Sheldon <lfsheldon@gmail.com> - 2016-08-01 20:42 -0500
              Re: The chip card transition in the US has been a disaster Bob Henson <rh547477@gmail.com> - 2016-08-02 08:26 +0100
                Re: The chip card transition in the US has been a disaster Larry Sheldon <lfsheldon@gmail.com> - 2016-08-02 16:57 -0500
                Re: The chip card transition in the US has been a disaster Bob Henson <rh547477@gmail.com> - 2016-08-03 08:57 +0100
                Re: The chip card transition in the US has been a disaster Larry Sheldon <lfsheldon@gmail.com> - 2016-08-03 18:37 -0500

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