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A comment on Digital banking, now halal. Parent comment

Re:Digital banking, now halal by smnrchrds on Friday September 18, 2020 @11:12AM (#24517775)
That's because credit card interchange fees are much lower in France than they are in the US. Does the French government cap interchange fees?

https://www.mastercard.co.uk/content/dam/mccom/en-gb/interch...

https://www.mastercard.us/content/dam/public/mastercardcom/n...

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Re:Digital banking, now halal by thomasmarcelis on Friday September 18, 2020 @12:33PM (#24518845)
There is a cap set by the EU since 2015

https://www.adyen.com/blog/all-you-need-to-know-about-the-eu...

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Re:Digital banking, now halal by smnrchrds on Friday September 18, 2020 @12:37PM (#24518886)
Everything makes sense now. 0.3% is an order of magnitude lower than the fees paid by US merchants.
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