@iankar_ So what's the "cash out" process? And how long is that?
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Replying to @jameswester
@jameswester drop someone off, go to the app and cash out, money ~should~ be accessible right then. should bc i haven’t seen a demo haha2 replies 0 retweets 1 like -
Replying to @iankar_
@iankar_@jameswester also it can't be instant at all banks. I think the window is 15-30 minutes.1 reply 0 retweets 1 like -
Replying to @CanadaKaz
@CanadaKaz@iankar_@jameswester 30 minutes for V/MC's OCT systems.2 replies 0 retweets 6 likes -
Replying to @bebrown2
@bebrown2@iankar_@jameswester yup. until Visa closes this massive loophole. then this will just stop working.2 replies 0 retweets 2 likes -
Replying to @CanadaKaz
@CanadaKaz@iankar_@jameswester What loophole? V/MC built OCT to enable these kind of use cases.4 replies 0 retweets 2 likes -
Replying to @bebrown2
@bebrown2@iankar_@jameswester it is a loophole in V/MC deal w issuers that allowed this. Not that it is a loophole of the network rules.1 reply 0 retweets 1 like -
Replying to @CanadaKaz
@CanadaKaz@iankar_@jameswester Ah, gotcha. Yes, who knows how that will play out. This could all go via clearXchange in a few years.3 replies 0 retweets 4 likes
@bebrown2 @CanadaKaz @iankar_ @jameswester Gentlemen, indeed. I would also suggest Apple motivate a new instant bank based system, real soon
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