Re:Forget Google, time to end the Visa-MasterCard duopoly
by jedberg on Monday June 29, 2020 @07:04PM
(#23684471)
Sure, but the base rate comes from MC/Visa. Precessing credit cards is a low margin business. It's basically a race to see who can charge as close to the MC/Visa rates as possible.
[ Parent
| on HN ]
Re:Forget Google, time to end the Visa-MasterCard duopoly
by an_opabinia on Monday June 29, 2020 @09:49PM
(#23685663)
This isn't really about Visa-MasterCard, it's about a darling like Stripe charging 2.95% because 3% is customary.
People will freak about their customary rent/take being threatened. They gotta come out of the woodwork and justify the charge... somehow. A HN proxy battle!
Re:Forget Google, time to end the Visa-MasterCard duopoly
by GoblinSlayer on Tuesday June 30, 2020 @05:33AM
(#23688296)
They want to eat too.