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Re:Visa, Mastercard Agree to Lower Swipe Fees, Settling Long... by potamic on Tuesday March 26, 2024 @12:56PM (#39830104)
As does for India's state sanctioned network. Processes 400M transactions a day at a meagre operating revenue of 0.5M USD but still at a 40% profit margin! The card industry has been gouging the world for decades now.

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