this post was submitted on 20 Dec 2023
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submitted 11 months ago* (last edited 11 months ago) by [email protected] to c/apple_enthusiast
 

I’ve always wondered why was it locked only to merchants, anyone knows?

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[–] [email protected] 13 points 11 months ago (1 children)

When you pay a merchant, the merchant pays processing fees, which in addition to running the service, help cover fraud and the rewards you earn with credit cards. If someone isn’t a merchant, you don’t want to actually pay them.

[–] [email protected] 3 points 11 months ago

I would find it pretty handy if e-transfers were possible this way.