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Re:Can the Visa-Mastercard duopoly be broken? by insane_dreamer on Wednesday August 17, 2022 @06:47PM (#32502747)
that's the thing; businesses don't want to have to rely on the court system to get refunds.

the x% CC processing fee is essentially fraud/non-payment insurance

Re:Can the Visa-Mastercard duopoly be broken? by mcv on Wednesday August 17, 2022 @07:08PM (#32502963)
That's the thing; lots of businesses outside the US have no problem using bank transfers. I only have a credit card for internet purchases outside Netherland; every Dutch site (including many international ones, like Steam) supports iDeal, which is far safer than credit cards.
Re:Can the Visa-Mastercard duopoly be broken? by shukantpal on Wednesday August 17, 2022 @10:42PM (#32504628)
Not really safer

"There is no chargeback right however, which can be considered a disadvantage for the consumer using this payment method."