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Re: OMOLIVES post# 17305

Sunday, 09/04/2022 10:43:59 AM

Sunday, September 04, 2022 10:43:59 AM

Post# of 20890
But that's my point, they must do the heavy lifting and guard and transport and compliance and process. Far far more than point of sale and fin tech does. Yet fin tech is about 3% so I would expect at least the same or more> The article I provided from Brinks suggests cash is more labor and cost intensive so again Im seriously wondering how on earth we are making generally .0006 to maybe .001% ? I would have to do some better math to really figure it out but it aint much. Also Brinks is not Fintech company either and they charge 1% to 3% as stated in the article , and they have even streamlined their technology with “Blu beem” to digitize cash for deposits allowing them less pickups it seems.