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EU seeks to make 10-second instant bank payments a reality (www.euronews.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 1 year ago (1 children)

There are penalties for carrying cash. One is the time burden of withdrawing it, the other is that if your bank has fees for more than X withdrawals a month then you will be deincentivized.

[–] [email protected] 2 points 1 year ago (1 children)

how much money do you want to give to a homeless person for you needing to withdraw a high amount of cash each month?

[–] [email protected] 0 points 1 year ago

I just don't want to have cash on me. My wallet is already quite a stack of cards. Two debit cards, a credit card, two vehicle registration cards, a roadside assistance membership card, a driver's license.