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This is also the reason why creditcards are so ridiculously expensive. But then is there literally any alternative payment method in the US that does not invol
by Tsubasachan 8y ago
This is also the reason why creditcards are so ridiculously expensive.
But then is there literally any alternative payment method in the US that does not involve a creditcard? It seems like the US banking system has just not invented anything in the last 30 years. Its not rocket science: money from my bank account to Deliveroo's bank account in (near) real time.
- anitil 8y agoThis is a peculiarly US phenomenon. Much of the UK, EU, Aus etc are much more willing to adopt new payment technology. (Can't speak for the non English speaking world but obviously China is way ahead) Surprisingly the US is much harder to convince. Ask people under 30yo in Aus or the UK when they last wrote a cheque, and the answer "what's a cheque?" is likely the response. Signing for a payment, magstripe, even using a PIN is mostly a distant memory.
- sundvor 8y agoYeah what is a cheque? ;) I can go weeks without my wallet now, Samsung Pay on my phone works just about everywhere in Australia, and it's great. Banking app even lets me generate a code to get cardless cash from ATMs, should I need notes. For transactions bigger than ~AUD100 I do have to enter my pin but that's a minor inconvenience.
- entity345 8y ago> Ask people under 30yo in Aus or the UK when they last wrote a cheque, and the answer "what's a cheque?" It's what train companies in the UK send you 3 weeks after you fill a compensation for delay claim...