> Compared to 6+ intermediaries in a standard SWIFT payment Huh? I think the mes... | Hacker News

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dotwaffle on July 25, 2025 | parent | context | favorite | on: Visa and Mastercard: The global payment duopoly (2...

> Compared to 6+ intermediaries in a standard SWIFT payment

Huh? I think the message format in ISO20022 can only 3 intermediaries before having to resort to more complex mechanisms. Most SWIFT payments have 0 or 1 intermediaries.

elric on July 25, 2025 [–]

Not sure what OP is referring to either.

I guess you could consider SWIFT to be an intermediary instead of a delivery mechanism? But even that doesn't add up to 6+.

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