Comment on ‘The tyranny of apps’: those without smartphones are unfairly penalised, say campaigners

• qyron@sopuli.xyz ⁨1⁩ ⁨week⁩ ago

  I don’t know what Cashapp is but I’m going to take the risk and say it’s a fintech that handles direct money services. How off am I?

  But I’m talking about a bank. The institution only exists through an app. Let’s say you do a odd job and you get paid cash. You can’t deposit that money: there is no place or way to do so.

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  • starman2112@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

    fintech that handles direct money services

    Even more succinct and accurate than how I would have described it lol

    Cashapp is also sort of an entirely online pseudo bank. There are places that let you deposit and withdraw cash, but they’re like two steps above Bitcoin ATMs

    I do know people who have these fully online banks though. It’s so much worse than just using a credit union. Imagine having to pay to pull cash out of your bank account

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