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submitted 4 days ago by [email protected] to c/[email protected]
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[-] [email protected] 4 points 4 days ago

I don't think the problem is banks charging fees. In fact, I don't really have an issue with the banks taking 1% of the sale. The issue is that merchants don't realise that counting cash and taking it to the bank etc actually costs more than 1% anyway. Electronic payments are actually cheaper than all that, they already give you a total and handle the bank end.

I can think of a couple of places in Perth who have gone totally cashless. They only accept Eftpos/credit cards.

this post was submitted on 15 Jul 2025
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