
When ‘Best Practices’ Backfire
HBR IdeaCast
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Capatec - Copy Tax
Banks in south africa make money on transactions. They charge a percentage, say one %, exactly less an that the say one %. So if you transfer 100 south african rants, you pay one rand. But if you transfer a thousand rants,You pay, obviously, ten raunds and copita tat. And as a range of such practices that they have, that they used as ta basis of a new business model at a bank like capatec.
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