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Maddy Gee on Instagram: "You think tapping your card is convenient? It is. For THEM. Here’s what’s really happening every time you tap that card for your morning coffee ☕️ When you TAP, your payment gets routed through Visa or Mastercard networks instead of the cheaper EFTPOS system. The merchant gets slugged with fees: ∙ 0.5-1% for debit cards ∙ 1-1.5% for credit cards Doesn’t sound like much? Australian merchants paid $4 BILLION in payment fees last year. That’s BILLION. With a B. 💰 💰💰 Just
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