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A comment on The case for why Google should be regulated as a public utility. Parent comment

Re:The case for why Google should be regulated as a public u... by the-dude on Tuesday August 11, 2020 @02:26PM (#24123880)
The Dutch payment system iDeal charges between a couple of cents for the big retailers to maybe 15 - 20 cents for small fish.

These fees are absolute, not relative to the purchase amount.

edit : I meant our PIN payments card, not iDeal. But the point is true for both.

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Re:The case for why Google should be regulated as a public u... by xadhominemx on Tuesday August 11, 2020 @05:31PM (#24126220)
Sure but almost all interchange flows right back to the consumer via cash rewards
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