Episode 204 - Are We Ready to Pay by Bank? A Conversation with Eric Shoykhet, CEO & Co-Founder of Link Financial Technologies
Payments on Fire™
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The Importance of Delegation in Fast Payment Systems
When you use our link money, pay by bank product through a merchant, the first time you have to link, the consumer goes through that linking file and that's it. Once that's done, it's done once. It's saved as long as you obviously save the payment method, it's saved. And then if you use us through another merchant, we'll actually recognize you through your device. You do not have to relink. And so it becomes a very seamless UX actually, even more seamless than cards because we're actually able to recognize you across merchant. But maybe at some point FedNow will support real-time debit pull. So maybe that's like a 2030 conversation,.
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