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Re:OpenAI is Visa – Buttering up the government to retain a ... by lesuorac on Thursday December 26, 2024 @05:53PM (#42518499)
> but the biggest problem with alternative payment networks (to Visa/MC/Discover/AMEX) is that most retailers don't take them

Who?

I thought it was just like Costco that didn't take Discover/Amex/MC due to Visa contract. Aren't all the credit card terminals pretty much from 3p vendors who support everything including Apple Pay + Square + etc?

Re:OpenAI is Visa – Buttering up the government to retain a ... by SllX on Thursday December 26, 2024 @07:22PM (#42518954)
Plenty of places don't take American Express or Discover even now, but most will usually take VISA and Mastercard.

Costco's a weird one though because they resisted credit cards for a long time until they had their Amex contract with the dual-branded Costco Amex card, but then dropped them for a dual-branded VISA card in 2016.

Re:OpenAI is Visa – Buttering up the government to retain a ... by em500 on Thursday December 26, 2024 @06:19PM (#42518630)
In most of Europe and several large Asian cities I visited, AMEX and Discover acceptance is far lower than Visa/MC (which charge lower fees to merchants).
Re:OpenAI is Visa – Buttering up the government to retain a ... by messe on Thursday December 26, 2024 @06:43PM (#42518756)
AMEX/Discover is virtually unknown in most of Europe.

Outside of US-defaultism, why in the world would anyone expect it to be accepted here?

Re:OpenAI is Visa – Buttering up the government to retain a ... by gusgus01 on Thursday December 26, 2024 @07:42PM (#42519042)
Diner's Club is equivalent to Discover card and is at least somewhat present in European countries. I don't know official numbers but I've seen it often enough and have used it once or twice.
Re:OpenAI is Visa – Buttering up the government to retain a ... by petesergeant on Thursday December 26, 2024 @07:59PM (#42519122)
“Amex is virtually unknown in most of Europe” doesn’t match my experience. Most major European economies have AmEx and AmEx issues many local cards to them
Re:OpenAI is Visa – Buttering up the government to retain a ... by lmz on Thursday December 26, 2024 @09:52PM (#42519568)
Doesn't Discover have agreements with UnionPay and JCB?
Re:OpenAI is Visa – Buttering up the government to retain a ... by awad on Friday December 27, 2024 @12:39AM (#42520184)
Fun fact: AMEX has been involved in international payments in one way or another for more than a 100 years and the AMEX card was the first international charge card, launched the same year as the original BofA Visa Card.