>Switching banks in Canada seems like a much easier proposition to get a better UI/UX for money transfer than any option in the US with Venmo.

That's predicated on there being a better bank UI in the first place. Venmo's UI is far more consumer-friendly than any bank's Zelle payment UI that I know of.

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Marsymars an hour ago | parent [-]

Sure, but "I want everyone to standardize on Venmo because their UI is better than banks'" is a very different argument than "I want the market to compete for a better money transfer UI/UX."

It's like the difference between Twitter as the UI/UX leader (humour me and assume that part is true) stomping all over the market due to the network effect, and the ability for Mastodon instances to compete for the best UI/UX.

	▲	TMWNN an hour ago \| parent [-]
		If better payment UI were a compelling reason to choose one bank over another, banks would have improved their Zelle UI years ago. But it isn't, so they don't. The Venmos of the world have all the incentive to improve their UI, because they don't have anything else drawing customers to them and causing them to stay. PS - Twitter is more important than ever in terms of driving the news, while the last time Bluesky or Mastodon broke the news on anything was March 32nd of twenty twenty-never. Mastodon instances stand out mostly in their ability to self-immolate over the latest Maoist struggle session. <https://news.ycombinator.com/item?id=34748195>