> The fact that they take 3% to 4% of every transaction and then extract a usurious 20% annual interest rate at a time when loan rates are 4% should be criminal

> The fact that they take 3% to 4% of every transaction and then extract a usurious 20% annual interest rate at a time when loan rates are 4% should be criminally prosecuted. The fees seem to vary a lot by region. Here in Finland majority of cards are VISA/MC (with no local version like described above for Norway), but the card-present merchant transaction fees are low - e.g. ~0.3% for EU consumer debit cards and ~0.9% for EU consumer credit cards.