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Canadians with Interac E-Transfer like "What the fuck is wrong with you people" (lemmy.world)

submitted 3 days ago by Stamets@lemmy.world to c/whitepeopletwitter@sh.itjust.works

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[–] Confused_Emus@lemmy.dbzer0.com 3 points 3 days ago

This is madness.

It makes total sense, actually. You just have to look at it from the view point of a corporation - which often helps to make sense of our bullshit.

Our banking system is so antiquated because we have a plethora of third party payment processors whose entire business model is providing those modern features - for a small fee. Part of their profits get redirected to ~~bribing~~ lobbying Congress members to make sure things stay the same.

See also our fucked up tax filing situation.