• DeathByBigSad@sh.itjust.works
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    3 days ago

    Record of payment is one of the pros of electronic transfers

    Can’t deny that you receive the money when the other person can pull out receipts.

    • pulsewidth@lemmy.world
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      2 days ago

      Banks love it too, because then they can sell your purchase history records to the big data surveillance capitalism companies, they also have a really good idea of who your family and close circle of friends are due to repeat small payments - valuable data for the same data companies.