sorry that was long winded.
my point is that banks will continue to be part of the value chain as issuers and acquirers.
perhaps i am missing something.
which part of the aove value chain do you think will be wiped out? perhaps the card issuer? that would be possible. though i can just imagine the banks saying hmmm we dont want our customers using your atms. we would rather they used ours instead......unless!!! hmmm for a fee im sure we could come to an arrangement of sorts...
get what i mean? nobody is going to let go of their ability to make money. i might be wrong, but the banks are under the pump right now and wouldnt want to let go of anything.
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