Ey people living in the US. I received a request for including ACH as payment method in nostr:npub1gdfr0r0an32jalqryqlvpn3gsef2hu832wv6kp5p2gt2aqa2n8yqd42ffw ?. No one really asked before to do so and seeing it's something so common, do you think it's something worth including?
Discussion
Maybe. But you lose the concept of a private exchange.
People don't usually do ACH transactions between each other in the US...is more common for like setting up bill pay or something similar.
Much more common to use venmo, cashapp, etc when wanting to send another person cash.
There is always talk of the FED stepping into the 21St century and having more of a SEPA setup like in the EU...where my understanding is interbank transfers between peers is pretty easy. But I wont hold my breath.
In the US instead we did something very American and instead have archaic framework for interbank transfers, then have instead created batching solutions on top via private companies that basically hide the shitty base layer functions from the end user.
My sense is nobody knows what that means
The primary reason to use ACH is for low fees on large amounts. So, maybe, if you want to encourage large amounts? It's work, but no one wants to pay 1% on $10,000