this post was submitted on 27 Feb 2024
716 points (97.4% liked)
Firefox
17899 readers
43 users here now
A place to discuss the news and latest developments on the open-source browser Firefox
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
In USA I've found it's pretty easy to live without banking on your phone, although you can't say the same for some other countries. Granted I have a job where I am working with my own desktop computers most of the day, so I can pay bills and transfer funds on them during those times - and lots of people might not have the same luxury. But I've yet to feel a need for any of them while out and about beyond a few occasions of Venmo'ing funds on the go - and at least Venmo still allows you to use their site via browser.
Venmo is a VC-funded social media (weirdly) + money transfer app which takes a cut for doing like nothing just because you want your cash instantly. Many other countries have built-in bank-to-bank transfers with no fees or wait time & other that there’s no money to extract from this, I don't know why it doesn’t exist in the US.
Where I live, cash is luckily still king (no one uses credit & if you do, you are (rightfully) paying the credit card fee yourself), but more vendors are starting to prefer QR code payments & this year one of the banks leading the trends eliminated their online banking forcing you to use an app or do cash.