Credit cards are loans and this system is about making payments. The closest thi...

		bhawks on Aug 31, 2022 \| parent \| context \| favorite \| on: Fed expects to launch long-awaited Faster Payments... Credit cards are loans and this system is about making payments. The closest thing would be a debit payment network (eg the card swiper has funds to pay immediately and is not relying on a 3rd party extending credit to them to complete the transaction).