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SVSYSTEMS
Index
/ Finance
Finance
How money moves, followed step by step.
Card tap
A US Visa card pays for dinner in Singapore: across the Pacific and back in about 2 seconds, then days for the money to arrive.
10 stages
Buying a stock
10 shares of Apple on a US app: filled in a twentieth of a second, settled the next business day.
10 stages
A dollar to Brazil
US$1,000 from New Jersey to a supplier in São Paulo by money-transfer app: ACH, the exchange, IOF and Pix.
10 stages