Re:Stripe’s real pricing: a primer
by ymolodtsov on Saturday December 10, 2022 @02:10AM
(#33930659)
Nationalizing a company that isn't really incorporated in your state is funny.
EU has already limited the interchange fees on domestic cards. Plus, basically every EU country has some kind of a homegrown system.
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Mastercard has warned banks that it'd stop cooperating with banks that still support the national card systems.
It's clear they're trying to kill those off, and it's working.
That's why merging the national systems and making that new, merged, EU wide system mandatory is absolutely essential.