If someone owned all the highways, building an alternative would be difficult as well.

warkdarrior an hour ago | parent | next [-]

Why hasn't Alipay completely replaced Visa and Mastercard in US? Everyone has a smartphone to scan a QR code.

	▲	Aspos an hour ago \| parent [-]
		I struggle to understand how is this relevant. Alipay is closer to paypal than to VISA/MC

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carlosjobim 2 hours ago | parent | prev [-]

Visa and Mastercard do not own the internet cables or the wavelengths. Anybody is free to compete, and that's why they have many competitors. It is very common for businesses to accept a variety of unrelated payment methods. There is no monopoly here.