$1 fee per transaction. Done entirely by computers. In huge volumes.
There is no reason that entirely electronic transactions should cost more than fractions of a penny to process. Any justification for this cost is complete bullshit.
Welcome to the banking system. If they're going threw the debit card channels, through Visa, they might charge a fee, Balanced's bank may charge a fee, Balanced has to pay its employees, pay for hosting its servers, make sure they are PCI compliant, etc.
Sounds like a lot of bloat and over exaggeration on the part of banks and credit card companies for how much all these things cost. They're still making a killing...
I use the keyboard almost exclusively and it's annoying to have to tab through everything just to get through the article list. It would be nice if I could push the arrow keys to navigate the article list (similar to google search). Thanks
There is no reason that entirely electronic transactions should cost more than fractions of a penny to process. Any justification for this cost is complete bullshit.