Re:If Facebook or Google create their own currency, they can...
by martin_a on Monday June 24, 2019 @07:05AM
(#20262193)
The same is true for Germany. We have a vast number of different systems for cashless payment, with every bank trying to push its own system. It's not like Visa and Master Card are the two major players.
Re:If Facebook or Google create their own currency, they can...
by the-dude on Monday June 24, 2019 @07:11AM
(#20262228)
Except we don't have a vast number of systems. We have 1.
Re:If Facebook or Google create their own currency, they can...
by martin_a on Monday June 24, 2019 @09:44AM
(#20263437)
Talking about NL or DE?
Re:If Facebook or Google create their own currency, they can...
by whereistimbo on Monday June 24, 2019 @11:10AM
(#20264295)
NL of course. It's the same commenter.
The network is owned by the Dutch banks, which also provide the online payment platform iDeal.
The fees are low and fixed. Offline, between 15cts and a couple of cents ( I don't know how low for the big retailers, 5cts ? )
The online fees are a bit higher, starting at 29cts.
There are no variable fees. There is no 'refund' or 'insurance'. Lots of shops do not accept creditcards ( I know of no big retailer which does ).