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This is exactly correct, and there are companies out there that prey on this.

Many companies will set kiosks in areas with a large number of unbanked so they'll go to these kiosks at the local 7/11 or whathaveyou and then charge anywhere from $3-$5 fees.

But it gets worse. If someone has a $100 bill and they put in $3, that kiosk will take that $3 as a payment fee and apply $0 towards the bill itself. Not only that, it happens more than you'd think.

People flat don't understand the predatory nature of many of these companies.



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