4 ms·
If it’s equally convenient and cheaper, people could easily use this. It may even be their bank who sets it up for them when they pay for something. I know at
by vages 3y ago
If it’s equally convenient and cheaper, people could easily use this. It may even be their bank who sets it up for them when they pay for something.
I know at least one person employed in banking who thinks it’s insane that Visa and Mastercard get a 2% cut of any transaction.
- unmole 3y ago> Visa and Mastercard get a 2% cut of any transaction. They don't. In the EU, the intercharge fees is capped at 0.3%. Even in the US they only keep a fraction of the fees, the rest goes to card issuers.
- eigenket 3y agoThe EU solved that in 2015, the fee is capped at 0.3% for credit cards and 0.2% for debit cards. Call up / write to your representative in whatever country you live in and ask why your country hasn't done that yet.