| ▲ | KK7NIL 6 hours ago | |
> Why would you let America take 2-3% of your transaction volumes? I don't think VISA/Mastercard takes such a fee? (They'd be some of the biggest companies in the world if they did.) The fees they charge are actually fractions of a percent, the rest are charged by the card issuer, which is usually your bank. You could, in theory, use the VISA network and not pay those fees to a card issuer. | ||
| ▲ | surgical_fire 6 hours ago | parent | next [-] | |
Still greater than 0. There's absolutely no reason for a country to outsource paynent infrastructure to US corporations. | ||
| ▲ | cyberax 5 hours ago | parent | prev [-] | |
> You could, in theory, use the VISA network and not pay those fees to a card issuer. You can not. The only way is to have a private agreement with the card issuer. That's why stores all try to push their co-branded cards. | ||