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Ive never paid for a bank transfer, and we have zelle which works. The reason is Interchange fees for credit cards are high (like 3%) and not capped, banks offer high rewards, sign on bonuses, travel perks etc. using a combination of interchange fees and interest paid. People are drawn to these even if they are losing money in the end due to paying so much interest (people are not financially literate). On the other hand high earners who are smart want to use credit cards for these perks, so alot of high earners will not shop at a place if a credit card is no available, essentially banks, VISA, and high earning yuppies have created a wealth redistribution system that preys on people who take on debt.