Re:Open Source Visa/Mastercard Competitor: Zenobia Pay
by vidarh on Thursday August 14, 2025 @03:49AM
(#44897846)
Handling cash costs money too. Sometimes more than handling cards. But a proportion of customers who like cash are very strongly convinced they are "subsidising" card payments, and might be attracted by pricing like that, so maybe it still ends up being a net gain.
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Re:Open Source Visa/Mastercard Competitor: Zenobia Pay
by ta12653421 on Thursday August 14, 2025 @12:05PM
(#44902102)
From a percentage perspectice, handling huge amounts of cash should be far more expensive; I know one of the operators over here in my country: If you are a supermarket chain and have three locations in one large street, they charge you for every stop a minimum fee + additional handling costs.
Re:Open Source Visa/Mastercard Competitor: Zenobia Pay
by vidarh on Friday August 15, 2025 @05:18AM
(#44910210)
When I suggested pricing like that might work, my point was not that it'd be cheaper. I 100% agree it'd be more expensive. But if it attracts a sufficient amount of additional business from people who want to pay cash it could still be a net gain (assuming those customers are still profitable).