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Re:Can the Visa-Mastercard duopoly be broken? by arcticbull on Wednesday August 17, 2022 @06:32PM (#32502587)
They’re not. The 3% is a blended average. The rate varies by the specific card kind, the card brand, the specific vendor in Apples case when they have leverage - or the merchant category code when they don’t have leverage. Even chargeback history matters.

Apple likely has a deal that borderline costs merchant acquirers money and that gift card vendor is probably paying 10%.

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