Paidby Bank, page-287

essentially currently geofenced as UK only...... it is an instant banking method.... that requires stuff to talk to each other so it can be instant.

so in other world news... EU regulations and rules for instant payments changed in late april24. the new regulations for instant payment services provided for EU fenced cross border activity are being implemented in 2 tranches..... payment service providers have till jan25 to get it sorted for sending money and til oct26 for receiving money.... or something like that. this requires changes to payment initiation channels for EU payments and the associated blinking lights that get the job done.
in the EU basically bundling is out and instant is in..... and that opens opportunity doors.