4 ms·

most people will use it through bank accounts , so not much difference

• samus 10mo ago
  Traditional banks have already been severely disrupted by financial start-ups that only charge low fees. People will switch if they feel the cost pressure.
  • nly 10mo ago
    I don't know about the mainland but in the UK most fintech startups ultimately try to get a bank license and become fully fledged banks.
    • samus 10mo ago
      That's just the legal red tape to further encroach on the turf of traditional banks. They are still significantly cheaper.