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> Traditional electronic transaction systems today have high fees, limit access, and have not evolved fast enough to keep pace with the demand for online digita
by victor106 5y ago
> Traditional electronic transaction systems today have high fees, limit access, and have not evolved fast enough to keep pace with the demand for online digital payments.
High fees:- How much do merchants/consumer pay today? I am not sure if transacting a digital currency is going to be free.
Limit access:- How does the current system limit access? As a merchant I can easily signup with thousands of payment providers.
Not evolved fast enough:- I agree with this but from where we were say 20 years ago I would say they have evolved a fair bit.