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A comment on EU-wide maximum limit of €10K for cash payments. Parent comment

Re:EU-wide maximum limit of €10K for cash payments by jacquesm on Saturday December 10, 2022 @06:58PM (#33938391)
Instant bank transfer using your phone or laptop, smartcard + token.
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Re:EU-wide maximum limit of €10K for cash payments by Aerroon on Saturday December 10, 2022 @07:53PM (#33938774)
If I were to wager then I would bet that at least half the population would be unable to make that work.

I don't know anybody in real life who accesses their money via a phone. They can do it via a computer, but most people I know don't have laptops.

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Re:EU-wide maximum limit of €10K for cash payments by TheHappyOddish on Sunday December 11, 2022 @02:31AM (#33941038)
Wild, lik Americans talking in another thread yesterday about cheques.

Most people I know over 70 have internet banking on their phones. Every adult I know under that age does.

Where do you live where this is incredibly rare?

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Re:EU-wide maximum limit of €10K for cash payments by jacquesm on Sunday December 11, 2022 @08:04AM (#33942808)
> I don't know anybody in real life who accesses their money via a phone.

I don't know anybody that doesn't. And that includes 80+ year olds... mobile gear is how people interact with the internet around here and the internet is how people interact with their banks.

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Re:EU-wide maximum limit of €10K for cash payments by ars on Saturday December 10, 2022 @07:57PM (#33938803)
Aren't those reversible? I would never agree to such a transaction with the reversible method of payment.
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Re:EU-wide maximum limit of €10K for cash payments by jacquesm on Sunday December 11, 2022 @05:55AM (#33942110)
No, they are not reversible.
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