By Vassos Angeletou In Athens, the board of directors of the European Central Bank will meet on October 26 in order to announce its crucial decisions, not only for the interest rates of the euro, but also for a historic project in the history of the Eurozone – the digital euro. It has been known… Continue reading From Athens, the...
But aren’t the current fees some nickel per transaction, e. g., if you pay with a credit card? Why are the fees so high currently? I do not think that the banks have such a high margin.
Credit cards are expensive, because their security measures can be circumvented by a moderately good photograph of one. You’re paying for all the fraud getting compensated.
But a regular (first-party) bank transfer has no such overhead.