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A comment on Visa, Mastercard Agree to Lower Swipe Fees, Settling Long-Running Lawsuit. Parent comment

Re:Visa, Mastercard Agree to Lower Swipe Fees, Settling Long... by bryanlarsen on Tuesday March 26, 2024 @12:41PM (#39829928)
Merchants hate jacking up prices unless that jack-up puts money in their pockets. Jacking up prices drives away customers.
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Re:Visa, Mastercard Agree to Lower Swipe Fees, Settling Long... by missedthecue on Tuesday March 26, 2024 @03:53PM (#39832116)
Not if everyone has the same credit card fees.
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Re:Visa, Mastercard Agree to Lower Swipe Fees, Settling Long... by epylar on Tuesday March 26, 2024 @10:34PM (#39835148)
Even overall demand can go down if prices rise
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Re:Visa, Mastercard Agree to Lower Swipe Fees, Settling Long... by bmicraft on Tuesday March 26, 2024 @11:26PM (#39835406)
But they don't, large vendors often negotiate their own contracts
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Re:Visa, Mastercard Agree to Lower Swipe Fees, Settling Long... by missedthecue on Wednesday March 27, 2024 @11:50AM (#39840836)
They do this to increase their margins because otherwise... they eat the cost of interchange.
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