• BombOmOm@lemmy.world
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    2 days ago

    Every digital payment has transaction fees, yes.

    Credit card transaction fees for vendors are generally 1-3%, for example.

      • BombOmOm@lemmy.world
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        2 days ago

        Which digital payment doesn’t have transaction fees?

        Credit cards (vendor side), debit cards (vendor side), and crypto (consumer side) all have transaction fees. Paypal, venmo, etc all make their money from (vendor side) transaction fees as well. Is there a different type of digital payment you are using that doesn’t have transaction fees?