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Ah right, that makes sense. If it were like upi or pix, and had single point of failure, it would have been scary.
Lol, did you miss the ios 26 update?
I think they meant that the single app by all banks can go down through backend crash, buggy/malicious app update, etc.
I have an s24 and had the same experience. Fennec F-droid worked better for me.
Thought you all are exaggerating until I saw Nvidia’s official demo video. Holy crap.