4 ms·
I don't care about Western Union. I do care about Visa and MasterCard. And I'm definitely not saying that the current generation of crypto has figured this pro
by regulation_d 6y ago
I don't care about Western Union. I do care about Visa and MasterCard.
And I'm definitely not saying that the current generation of crypto has figured this problem out, but I am hopeful for the sake of SMB that they won't always have to pay 3% fees on cashless transactions.
- ipython 6y agoI would agree with you but all I see from “big tech” is further middlemen and more fees- orders of magnitude larger than 3%!! Want to order food online? That’ll be 30% on top of your order, please. Oh, you wanted to pay for some bits through our app on your iPhone? Apple will take 30% of that too, thank you very much. We just switched HOA management companies and they had the audacity to charge a three dollar convenience fee if you pay your bill online! So I will just continue to pay via paper check and make life miserable for them because that incurs no fee. All I see is hypocrisy and more hands in my pocket wanting my money, not less.
- foepys 6y agoThe EU limited CC transaction fees to 0.3%. That's the reason why there are no cashback deals for CC here.