Well yeah, sortof. Note that the credit card companies mostly function as tech providers for the actual banks, who get a bunch more of the money.

And there are a bunch of fixed costs that emerge in running payment networks at scale (mostly related to fraud and disputes), so micropayments are a hard sell.

Possible that someone could try again with stablecoins but I'm still sceptical it would work. Like, I'd pay for it but I already pay for a bunch of newspapers monthly.