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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 refurb on Wednesday August 17, 2022 @09:35PM (#32504142)
Credit cards are superior to debit cards in every way.

Fraudulent charges can be reversed immediately, don’t impact you at all (since the money isn’t yours). Chargebacks can force a retailer to give your money back.

The benefits are endless.

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Re:Can the Visa-Mastercard duopoly be broken? by flukus on Thursday August 18, 2022 @12:27AM (#32505269)
> Fraudulent charges can be reversed immediately

This isn't really a benefit, it's a fix to a problem caused by credit cards that doesn't happen at all (or at least rarely) with debit cards.

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Re:Can the Visa-Mastercard duopoly be broken? by mixmastamyk on Wednesday August 17, 2022 @09:39PM (#32504177)
They aren't a good solution to paying a friend $10 or your rent every month.
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Re:Can the Visa-Mastercard duopoly be broken? by brewdad on Wednesday August 17, 2022 @10:42PM (#32504627)
I can pay my child's college dorm fees with a credit card with no additional fee. At least I get a little cash back. But, yeah, that kind of arrangement is extremely rare.
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Re:Can the Visa-Mastercard duopoly be broken? by mixmastamyk on Friday August 19, 2022 @06:20PM (#32526686)
It's a several-hundred-dollar a year fee to a middle-man. For a service that should be approaching free after a century of progress in telecommunications.
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