3 ms·
Use of systems is never free. It might be subsidized, in the which case bankers would greatly appreciate more transactions on the system, but it is never "free.
by tomrod 3y ago
Use of systems is never free. It might be subsidized, in the which case bankers would greatly appreciate more transactions on the system, but it is never "free."
- Scarblac 3y agoIt costs some money to have a bank account, bank transfers don't have a fee associated with them. Card processing costs a small fee. Cheaper than handling cash though.
- tomrod 3y agoAnd those rates are increased when the system becomes more expensive, whether directly to bank fees or indirectly by taxpayer subsidizing.