Hacker News story: Ask HN: How does open banking payments work?

Ask HN: How does open banking payments work?
Can someone help me understand how it is different from the traditional schemes like ACH and SEPA? Or is the built on top of these existing rails to make the payment? From a consumer POV is there a preference for open banking tools like Plaid or Trustly while shopping online? 0 comments on Hacker News.
Can someone help me understand how it is different from the traditional schemes like ACH and SEPA? Or is the built on top of these existing rails to make the payment? From a consumer POV is there a preference for open banking tools like Plaid or Trustly while shopping online?

Hacker News story: Ask HN: How does open banking payments work? Hacker News story: Ask HN: How does open banking payments work? Reviewed by Tha Kur on April 17, 2024 Rating: 5

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