article thumbnail

PayID: Bid For Universal Payments — Or Crypto Legitimacy?

PYMNTS

You may have experienced that fragmentation a bit yourself — using Zelle, of course, means that you are not going to be able to send funds to your pal who’s got Venmo on their phone. The coalition has said, too, that it is compliant with Financial Action Task Force mandates known as the “travel rule.”

P2P 106