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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 londons_explore on Friday May 19, 2023 @05:57AM (#35999715)
I think there is a strong case for credit card fees to be zero for all involved, and the government paying some fixed amount for the running of basic payment processing systems.

Just like the government pays to produce bank notes and coins today.

[ Parent | on HN ]
Re:Visa and Mastercard agree to lower average credit card in... by hiatus on Friday May 19, 2023 @07:57AM (#36000715)
Brazil does just that with Pix.

https://en.m.wikipedia.org/wiki/Pix_(payment_system)

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