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A comment on Do we need to pay billions in fees to Stripe, Block, PayPal and Visa/MC?. Parent comment

Re:Do we need to pay billions in fees to Stripe, Block, PayP... by t0mas88 on Saturday August 17, 2024 @05:38PM (#41278202)
Is that in the US? Europe hasn't used the magnetic strip on cards for years. It's all chip based and those payment terminals all take NFC / Apple Pay.

It would be suicide for a shop not to take it, I know many people that don't carry their bank card at all. Only their phone for Apple pay.

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Re:Do we need to pay billions in fees to Stripe, Block, PayP... by FabHK on Saturday August 17, 2024 @06:30PM (#41278539)
Fun fact: In China, most people don't carry a wallet anymore. It's all on the phone.
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Re:Do we need to pay billions in fees to Stripe, Block, PayP... by spratzt on Sunday August 18, 2024 @04:27AM (#41280997)
You don’t have to go to China. I live and work in the UK and use Apple Pay for everything. I haven’t carried a wallet in years.
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