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> why would anyone want to pay a middleman for a service their bank can provide directly, and provide much cheaper? Visitors can show up and immediately pay fo
by pb7 3y ago
> why would anyone want to pay a middleman for a service their bank can provide directly, and provide much cheaper?
Visitors can show up and immediately pay for things with ease, for one.
- avianlyric 3y agoThere’s no reason why alternatives won’t achieve the same ubiquity in the future. The EU has already built the common infrastructure that makes inter-county bank transfers instant and seamless. Honestly only Americans seem to struggle with the idea that companies like Visa/Mastercard/Paypal/Venmo are just symptoms of a dysfunctional banking system, not some incredibly new and innovative way to move money.