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Re:Google’s new program to track shoppers sparks a federal p... by cbhl on Monday July 31, 2017 @01:23PM (#14894010)
AFAICT, interest rates are too low (near zero) for banks to make a profit on interest margins alone.

You could have a non-profit do the interchange, like the Interac network in Canada, but that would be difficult to coordinate without consolidating all the banks. (Canada has, like, only half a dozen.)

Re:Google’s new program to track shoppers sparks a federal p... by Theodores on Monday July 31, 2017 @01:34PM (#14894169)
Actually this is solved in the eurozone with that payment method, name forgotten... It is a fundamental bit of what the Euro is about being able to transfer money without the fees.
Re:Google’s new program to track shoppers sparks a federal p... by k-mcgrady on Monday July 31, 2017 @01:52PM (#14894366)
>> name forgotten

SEPA?