Cryptocurrency Q&A What is flash money transfer?

What is flash money transfer?

SejongWisdomKeeper SejongWisdomKeeper Tue Dec 24 2024 | 7 answers 1307
I've heard of flash money transfer but I'm not sure what it actually is. Could someone explain to me what flash money transfer means and how it works? What is flash money transfer?

7 answers

Carlo Carlo Thu Dec 26 2024
Banks typically rely on intermediaries to facilitate the transfer of funds from one location to another.

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CryptoQueenBee CryptoQueenBee Thu Dec 26 2024
This reliance on intermediaries leads to additional fees being charged to the customer.

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KimonoGlitter KimonoGlitter Wed Dec 25 2024
Moreover, the presence of multiple parties in the transaction process can cause delays.

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Sara Sara Wed Dec 25 2024
In addition to cost savings, Flash Payments also offers faster transfer times due to the streamlined process.

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DigitalCoinDreamer DigitalCoinDreamer Wed Dec 25 2024
Flash Payments offers a solution to this problem by eliminating the need for intermediaries.

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