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A comment on Visa and Mastercard agree to lower average credit card interchange fee below 1%. Parent comment

Re:Visa and Mastercard agree to lower average credit card in... by gostsamo on Friday May 19, 2023 @01:15AM (#35998042)
Actually, what you say is that the middle class pays for the cashbacks of the top spenders and for the defaults of the most poor. Unless somehow you get the cashback and you are still the one paying for the credit risk of others?
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