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You can either have low fees and near-universal acceptance, or high fees and not-so-universal acceptance plus "consumer benefits". To me it seems fairly clear w
by blattimwind 8y ago
You can either have low fees and near-universal acceptance, or high fees and not-so-universal acceptance plus "consumer benefits". To me it seems fairly clear which one is preferable.
- kodablah 8y agoI am familiar w/ (relatively) high fees and near-universal acceptance so I'm not sure your dichotomy holds. Either way, I do appreciate the features my card providers offer me as a buffer between my bank and the merchant. Don't have to completely trust merchants or the government, can leverage the escrow the card provides to be on my side since I pay them and can leave them so easily. I agree, it is fairly clear which one is preferable.