Alternative payment services involve fewer fees than banking solutions

 

You might be thinking: why are alternative payment services becoming so popular. Well, technologies such as direct operator billing are more inclusive. In contrast, banking solutions tend to exclude people in low- and middle-class households. How so? Because of the numerous additional charges involved that discourage those who are in an already difficult financial situation to further burden themselves. There are overdraft, debit card, ATM withdrawal and transfer fees, among others involved. Representing a barrier to entry in the market, these are hard to avoid.

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Banking services have a lot of fees

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