It is crazy how much credit card companies get paid just for making sure that money goes from A to B.

Yes, they also offer fraud protection and chargeback, but in 90% of purchases, I don't need those. I have other means of establishing trust and recourse, and I just want to send money, instantly.

Paying $200 on the internet should cost $0.01, not $10.00.

I think there is tremendous opportunity in unbundling payment and fraud protection.