Re:Estonia is running its country like a tech company
by mailslot on Tuesday October 22, 2019 @11:12AM
(#21324526)
Transaction & processing fees are no joke. Big or small, 3% of your revenue before profit, is a big deal.
It made sense as a convenience fee, until it became ubiquitous. Now it’s a tax that people are blindly opting in to.
Still, while checks may still be a thing they're pretty rare and rarely required. Mobile and contactless payment is pretty common (outside the food service industry, but I blame the food service industry for that).