Re:Can the Visa-Mastercard duopoly be broken?
by chrismcb on Thursday August 18, 2022 @03:04AM
(#32506261)
Worth it to whom? It costs money to deal with transactions. Whether that is cash or credit. 3% can actually be easier and cheaper than dealing with large sums of cash
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Re:Can the Visa-Mastercard duopoly be broken?
by hn_throwaway_99 on Thursday August 18, 2022 @05:34AM
(#32507230)
Abnormally large profit margins, as outlined in this article, mean that it's the lack of competition that is responsible for keeping fees high.