Quote:
Originally Posted by blackmonsters
I can accept cash without paying any fees.
And if fees didn't mean much to merchants then they wouldn't have minimum CC purchase amount posted at the register
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that's because they can get away with it, Government here had a huge clam down on banks and these sort of fees, and I'm sure there still some fees there but nothing like it used to be. Amex finally dropped all their fees and now everyone accepts.
Back in the early days of online, everyone used to send cheques and processing a foreign cheques here took time, I used to go to the bank once a week with 5-15 cheques, I'd be at the bank 30 minutes too two hours depending on the dipshit I was dealing with, I wrote off half a days work on banking day. Flip forward to 2019 and I've had to go to the bank once.. in the past 2 years, its not due to lack of income, just everyone direct transfers.
Incidentally the local bank used to have about 30 staff and now it has 2, with 10 machines that do everything, except of fucking course processing foreign checks hehe.
Most people here that use cash, get it from the supermarket checkout, your always asked if you want a cash withdrawal.
USA will go more cashless but nothing like other countries, simply due to tipping.