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replied 1249d
A major block to this is banks. If a party want to pay from or receive to a bank, even when technical stuff is in place, the bank can put up a stink in many ways for many reasons.
replied 1249d
Obviously the service cannot be a new idea, it is basically an exchange (though I would like automatic transfers), and if this does not exist I expect the real reason is the banks.
replied 1249d
Anyone know if this is pretty much the correct picture of the situation as it is today?
replied 1249d
By automatic transfers I mean that from the user's perspective it is important that the money goes as fast through the "automated exchange" as possible, it should not hold money at all