Comment by melenaboija
2 years ago
Agree but maintaining the infrastructure has a cost someone has to pay and I as a customer won’t see any benefit.
I think it would be healthy to be able to have options with near zero cost but I guess this would only happen with strong regulations, which seems almost impossible in this space (in the US)
> Agree but maintaining the infrastructure has a cost someone has to pay
The bank? Keeping money in your account allows the bank to take out credit. Providing digital payments sounds like a reasonable service for a bank to provide. As well as fraud prevention. This is how it works in Europe, most people have debit cards. The insanity is having to take out a loan you don’t need to prove that you’re responsible.