you are viewing a single comment's thread
view the rest of the comments
[–] 9 points 4 days ago (1 child)

Yes, but it's also a coordintion thing.

Banks, businesses, and payment processors have to coordinate billions of payments a day and it's easier to do occasional reconciliation followed by an adjuted transfer for the net difference instead of a ton of individual transfers, most of which cancel each other out.

  • source
  • parent
  • hideshow 1 child comment