[toomuchtodo]

Which means bifurcation will occur. Payments where you have high trust and confidence you won’t need a dispute will use UPI or similar instant payment rails. Transactions where you are not confident or are concerned a dispute is going to be required, you’ll pay the transaction fee to use CC rails. Credit cards will become “insured payment” rails for lower trust transactions.

I’d never dispute a payment to my mortgage servicer or electrical utility, but I absolutely might for a rando Facebook ad sale.

[signal11]

> I’d never dispute a payment to my mortgage servicer or electrical utility,

Er. “Never” is a strong word and it depends on scope. There have been numerous cases of overcharging. Sure, I might not dispute the payment itself, but the amount? Frequency? These get disputed all the time.

Many jurisdictions have good consumer protections for this, though, so overcharging will cause penalties— that does provide incentives for companies to do the right thing.