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1. Embed this notice
   josh (josh@poa.st)'s status on Thursday, 26-Jan-2023 08:16:55 JST josh
   Are there any libertarian banks that intend to work with the Federal Reserve's FedNow system?
   
   If you don't know, FedNow is launching in 2023. It is the US's answer to the EU's IBAN transfer, which is an instant bank-to-bank transfer system. This means that, as long as your sender and recipient bank are willing, you won't have to appease Stripe or the payment networks anymore.
   
   So I'm scouting for a bank that I can open a Lolcow LLC account with and accept payments on behalf of the Kiwi Farms with intent to use FedNow.
   
   And yes, I know their branding is fucking abysmal.
   • Embed this notice
     Alex Gleason (alex@gleasonator.com)'s status on Thursday, 26-Jan-2023 08:24:13 JST Alex Gleason

     in reply to

     @josh I was just gearing up to build a new FOSS self-hosted Patreon-style platform. Was planning to build it on Authorize.net, but now wondering if FedNow will be a better solution.

     I need developer docs for this thing.

   • Embed this notice
     Alex Gleason (alex@gleasonator.com)'s status on Thursday, 26-Jan-2023 08:29:10 JST Alex Gleason

     in reply to

     • Alex Gleason

     @josh I found this: https://www.frbservices.org/financial-services/fednow/blog/payment-flow-what-you-need-to-know.html

     ISO 20022: https://en.wikipedia.org/wiki/ISO_20022

   • Embed this notice
     Alex Gleason (alex@gleasonator.com)'s status on Thursday, 26-Jan-2023 08:43:09 JST Alex Gleason

     in reply to

     • Raphael Lullis

     @raphael @josh Show me an example of a hub20 site.

   • Embed this notice
     Raphael Lullis (raphael@mastodon.communick.com)'s status on Thursday, 26-Jan-2023 08:43:12 JST Raphael Lullis

     in reply to

     • Alex Gleason

     @josh Small correction: in the EU, the payment network is SEPA. IBAN is just the numbering system for bank accounts.

     @alex Regarding "FOSS self-hosted platform", this will be the 378th time that I tell you about https://hub20.io, which started as a "payment gateway and "self-hosted Venmo for crypto", but it has since become extensible for *any* type of payment network and wouldn't take too much work to add FedNow support.

     Please don't reinvent this wheel, and take a look at hub20.

   • Embed this notice
     Alex Gleason (alex@gleasonator.com)'s status on Thursday, 26-Jan-2023 08:57:51 JST Alex Gleason

     in reply to

     • Raphael Lullis

     @raphael @josh I tried adding a store but it doesn’t show up in my list.

   • Embed this notice
     Raphael Lullis (raphael@mastodon.communick.com)'s status on Thursday, 26-Jan-2023 08:57:53 JST Raphael Lullis

     in reply to

     • Alex Gleason

     @alex @josh

     The "hub20 site" would be the frontend, which is deployed at https://app.hub20.io. You will be asked what backend you want to connect to.

     For the backend, there is one demo instance deployed at https://demo.hub20.io, but to be honest I haven't checked in what shape it is.

   • Embed this notice
     josh (josh@poa.st)'s status on Thursday, 26-Jan-2023 23:38:17 JST josh

     in reply to

     • Alex Gleason
     @alex They're in open beta. Maybe ask Dick Masterson for what banks he was in contact with with New Project 2. He was using a libertarian bank out of Texas, but the cards still shut him down.
     
     Find one that's permissive and willing to implement FedNow. They're actively testing, and since they're an (alleged) government service, there is judicial recourse to debanking.
     Alex Gleason likes this.