On: Apple is propping up a fundamentally broken payments industry

[mapleoin]

Direct Debit, he's one of the founders of: https://gocardless.com/

[pit → mapleoin]

This is the sort of thing that Square Cash provides, correct? Send money directly from one checking account to another through your debit card.

[cylinder → mapleoin]

Is he forgetting that these are credit cards? People need/want credit.

[mapleoin → cylinder]

You can do Direct Debit transfers from credit/overdraft accounts.