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Re:OpenAI is Visa – Buttering up the government to retain a ... by throw0101d on Friday December 27, 2024 @07:30AM (#42521634)
> Credit cards are probably the most consumer friendly innovation ever

Depends on the consumer.

Vendors often have to raise their prices to keep their own margins, which is passed onto the consumer. If you're too poor or otherwise 'unwanted' to be given a credit card then you are paying higher prices without any benefit.

* https://www.cnbc.com/2023/05/27/lower-income-americans-pay-f...

* https://www.vox.com/the-goods/22454885/who-pays-for-credit-c...

* http://archive.is/https://www.nytimes.com/2023/03/04/opinion...

Re:OpenAI is Visa – Buttering up the government to retain a ... by worik on Friday December 27, 2024 @02:27PM (#42525238)
Here (Aotearoa) merchants add fees to credit cards they do not add to debit cards or cash

Seems to work well