Card payment surcharges should be banned for debit and credit payments, RBA says
Dimand @ Dimand @aussie.zone Posts 0Comments 19Joined 1 yr. ago
Dimand @ Dimand @aussie.zone
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Oh for sure. Cash is expensive to count, store and move. Never understood how an armour guard car with 2 people emptying ticket machines made much sense, even back in the day.
However, the infrastructure to run electronics payments is not trivial. The combination of volume, security and reliability needed adds up in hardware and software. I doubt it will ever be free to transfer money in any form.