that may be so...however cashless doesn't mean credit or debit card...so although this bredda is stanning for mastercard & their 3%..he is right...i only use cash (not safe to use credit or debit in jamaica because of cybercrimes) because jamaican society is slow to adopt new technology...anywhere i go in jamaica my first option is to use quisk https://www.jncb.com/quisk/ ...it levels the playing field...gives small business a way to expand...they can offer sales on the internet & have a way for customers to pay without a credit card...only about 30% of the population has a credit/debit card...that's why e-commerce in jamaica is stagnant...
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Cash payments hinder economic growth
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In a lot of case it all comes down to the fee that the banks are charging.
I don't keep cash either but I keep away from the excessive and hidden fees.
Master Card is been self serving here.- Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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- Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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of course mastercard is being self serving...that doesn't change the fact that what the rep said is correct...mobile money will revolutionise small business & e-commerce in jamaica...quisk is mobile money...you use your cell phone to pay for goods by transferring mobile money...free to receive & 1% fee to send money...so if you take a taxi you just quisk the money to the taxi driver's phone...taxi man now doesn't have to worry about getting robbed on the road...now i can start a small business online & sell products to the 70% of jamaicans who don't have access to a credit card...there are no excessive or hidden fees...Last edited by Bricktop; November 3, 2018, 02:36 PM.
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I can deal with that. As I said I use Zelle which is similar in the states.
The only thing we have to worry about is at some stage some unauthorise person get a hold of the database but that is with all databases.- Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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- Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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understand all of that but there is always some way to break it or find some vulnerability. Just not done yet.- Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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- Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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