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A comment on Can the Visa-Mastercard duopoly be broken?. Parent comment

Re:Can the Visa-Mastercard duopoly be broken? by organsnyder on Wednesday August 17, 2022 @07:36PM (#32503228)
You need a network of some sort, unless each bank has to maintain a direct interface with every other bank.
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Re:Can the Visa-Mastercard duopoly be broken? by giovannibonetti on Wednesday August 17, 2022 @08:02PM (#32503466)
The central bank can do that. That's how it works for instant payments in my country (Pix payments in Brazil).
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Re:Can the Visa-Mastercard duopoly be broken? by artificialLimbs on Wednesday August 17, 2022 @10:05PM (#32504345)
That seems even less appealing than the sideways system we have in the U.S.

Is there any percent chance that the government doesn't wiretap all those transactions?

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Re:Can the Visa-Mastercard duopoly be broken? by dudus on Wednesday August 17, 2022 @11:34PM (#32504961)
Tap on what sense?

The government doesn't hide the fact that all this data can and will be used by the IRF equivalent in Brazil (Receita Federal)

I would assume the same for any credit card payment in the US

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