Re:Do we need to pay billions in fees to Stripe, Block, PayP...
by deepsun on Saturday August 17, 2024 @06:22PM
(#41278488)
Hard to pick up one thing among multiple.
For example, transfers between accounts are instantaneous, not 2-5 days for ACH (Wire transfers are same-day, but expensive).
Electronic menus/payments in cafes are default for at least 3 years now (US has toasttab.com but it's far from being default).
If you have a small business account, taxes are paid in one click (app shows you tax to be paid with Confirm button).
PS: These features are available in many other countries besides Ukraine, of course. Only in government id/functions Ukraine excels (#2 in the world, after Estonia only).
For example, transfers between accounts are instantaneous, not 2-5 days for ACH (Wire transfers are same-day, but expensive).
Electronic menus/payments in cafes are default for at least 3 years now (US has toasttab.com but it's far from being default).
If you have a small business account, taxes are paid in one click (app shows you tax to be paid with Confirm button).
PS: These features are available in many other countries besides Ukraine, of course. Only in government id/functions Ukraine excels (#2 in the world, after Estonia only).