Who really gets paid when you tap your card for a coffee? Your bank, the card network and the coffee shop's bank each take a slice, and the coffee shop pays for all of it. #payments #fintech #cardpayments #sitcom

Who really gets paid when you tap your card for a coffee? Your bank, the card network and the coffee shop's bank each take a slice, and the coffee shop pays for all of it. #payments #fintech #cardpayments #sitcom
Austrian Cafe Implements Mandatory Card Tip Fee
#Austria #Hospitality #TippingCulture #CardPayments #ServiceIndustry
Europe made purchase-only use a condition of staying anonymous. The FATF made it the reason to stop asking. Same line, opposite conclusions.
#PaymentTransparency #R16 #FATF #PrepaidCards #AMLD5 #CardPayments #AML #Compliance #FinancialCrime #WTRKnowledgeHub #OpusDatum