I would expect the American credit card companies and banks lobby just as hard if not harder to prevent that from being a free service in the US. Electronic Funds Transfers are an option at every bank in the US, but they’re not very easy for individuals and seem to always charge a fee to either the sender or receiver.
Yes, just like how tax preparation companies lobby to keep the IRS from just telling people what they owe in taxes. It keeps the tax prep companies in business.
I would expect the American credit card companies and banks lobby just as hard if not harder to prevent that from being a free service in the US. Electronic Funds Transfers are an option at every bank in the US, but they’re not very easy for individuals and seem to always charge a fee to either the sender or receiver.
Yes, just like how tax preparation companies lobby to keep the IRS from just telling people what they owe in taxes. It keeps the tax prep companies in business.