Submitted by YoThatsFed t3_10l7e0m in Showerthoughts
BreakfastBeerz t1_j5v3w6f wrote
Reply to comment by YoThatsFed in The transition to digital currency is terrible for homeless people. by YoThatsFed
Yes, but it comes with fees. 2.6% + $.10
So if someone gives you $10, you get $9.64
YoThatsFed OP t1_j5v9jv7 wrote
Edit: everything I said was dumb ignore this lol.
Aewgliriel t1_j5va2gc wrote
That’s for everyone, though, not just the homeless. I use Square as one of my payment methods when I run booths at fairs and markets.
YoThatsFed OP t1_j5vaeyl wrote
I assumed there was ones that aren’t free that didn’t charge you a fee, that’s what my statement was based on.
Aewgliriel t1_j5vaiyb wrote
Nope, I wish there were!
burgerpizzatacocafe t1_j5vafwq wrote
That just means it's horrendous across the board.
Usury is a sin in most religions.
Aewgliriel t1_j5varp7 wrote
Agreed. A flat fee for using their service, I can see, ‘cause they’re in it to make money, not be a charity, but the fee plus taking a cut of the sale? Unfortunately, they ALL do it. And half of them are just PayPal in disguise.
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