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It's one of the biggest successes in the fintech sector. MobilePay in Denmark, Venmo, Cash, Paypal in the US most of the use debit card/bank accounts. One of
by ThomPete 9y ago
It's one of the biggest successes in the fintech sector.
MobilePay in Denmark, Venmo, Cash, Paypal in the US most of the use debit card/bank accounts.
One of the problems turning it into a business though is that the Durbin Amendment and national legislation have reduced the interchange fees so that it's hard/illegal to charge for use of the card.
But it's a booming business that only just started.