On a slight tangent, the type of transactions you can make through your banking app in a developing country like Turkey is insane compared to US.
Without exaggeration, you can make instant money transfers across banks; buy stocks, gold, insurance, bonds, foreign currency; pay taxes and other government fees; make international SWIFT transfers; open retirement accounts; buy private healthcare; instantly open as many checking, savings, CD accounts as you want; and many more.
And in the US, they try to sell Zelle as the biggest innovation in banking. It's just pathetic.
Without exaggeration, you can make instant money transfers across banks; buy stocks, gold, insurance, bonds, foreign currency; pay taxes and other government fees; make international SWIFT transfers; open retirement accounts; buy private healthcare; instantly open as many checking, savings, CD accounts as you want; and many more.
And in the US, they try to sell Zelle as the biggest innovation in banking. It's just pathetic.