Re:Walmart Canada stops accepting Visa cards
by justin66 on Monday June 13, 2016 @07:10AM
(#11892886)
I'm not sure what got so complicated about this question, but I was wondering what the person initially responded to here was talking about:
in Canada (actually, pretty much everywhere but America)
since the systems sound pretty identical.
Re:Walmart Canada stops accepting Visa cards
by ForHackernews on Monday June 13, 2016 @11:28PM
(#11899543)
I don't see what you're not understanding. If you live in America, then surely you are aware that Visa + Mastercard are overwhelmingly dominant as payment networks, yes?
Obviously Discover, Amex and Diner's Club exist, but they are barely worth mentioning. Hardly anyone (proportionally) carries those cards, and only a few merchants accept them.
In the United States, for a merchant to refuse Visa would be suicidal. In Canada, it's almost a non-issue because all the debit cards are processed on another, non-Visa network.
What of the above do you disagree with?
The relevance of the parent you responded to is that a Canadian shop not accepting Visa (or Mastercard) is only a very mild inconvenience because there are other widely used payment networks.