Only in America. The rest of the world figured it out.

To be fair, this is because the US figured this stuff out way earlier through credit cards, and now there's a bunch of stakeholders and legacy changes which get in the way of making the services better.

	▲	FabHK 2 days ago \| parent [-]
		Indeed, and there are some good reasons, too: US regulators want to prop up smaller regional banks and avoid large national monopolies (for what is essentially a natural monopoly). The externalities of the crappy US banking system are so vast though. Musk, crypto, ...