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Re:EU NGI TALER will bring private and secure online payment... by unmole on Thursday January 18, 2024 @04:00AM (#39039570)
> Visa and Mastercard get a 2% cut of any transaction.

They don't. In the EU, the intercharge fees is capped at 0.3%. Even in the US they only keep a fraction of the fees, the rest goes to card issuers.

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