Resethel, 10 months ago Indeed, I remembered when the ECB first talked about it (2-3years ago) and I read the article diagonally. But it still, most people could get rid of their cash bank account as most people earn less than 3k€net per month and just keep a saving account. All in all, I’d still argue it’s a not-so-bad initiative, especially for small businesses who pay a hefty fee per transactions
Indeed, I remembered when the ECB first talked about it (2-3years ago) and I read the article diagonally.
But it still, most people could get rid of their cash bank account as most people earn less than 3k€net per month and just keep a saving account.
All in all, I’d still argue it’s a not-so-bad initiative, especially for small businesses who pay a hefty fee per transactions