Can the Visa-Mastercard duopoly be broken?

Re:Can the Visa-Mastercard duopoly be broken? by Nursie on Wednesday August 17, 2022 @11:51PM (#32505054)

I'm not sure they do get such a raw deal for accepting card payments do they?

Lots of (for example) food stalls in London were popping up as card-only businesses over the last few years, because it was easier than dealing with cash. The EU rules (which presumably still apply until actually repealed) capped the fees pretty effectively.

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Re:Can the Visa-Mastercard duopoly be broken? by Silhouette on Thursday August 18, 2022 @01:04PM (#32512268)

I'm not sure they do get such a raw deal for accepting card payments do they?

Typical terms for merchants accepting credit card payments are probably the most one-sided legal agreements I've ever seen.

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Re:Can the Visa-Mastercard duopoly be broken? by Nursie on Friday August 19, 2022 @12:40AM (#32517607)

Oh sure, yeah no contest there. You want to accept cards here's your list of arcane rules and if you step over the line no money for you. I guess I was thinking in terms of fees etc.

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