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> Visa blocked users from giving their money to political causes they decided didn't aligned with their view of the world. Visa and their competitors (Masterca
by CM30 6y ago
> Visa blocked users from giving their money to political causes they decided didn't aligned with their view of the world.
Visa and their competitors (Mastercard et al) are companies that should almost certainly be investigated over antitrust concerns and regulated like utillities. The fact they have so much control over things like online payments should be absolutely terrifying.
But yeah, this is why we should definitely avoid giving large companies too much power, and arguably avoid relying on them as much as possible in general.
- TheKarateKid 6y agoAgreed, but they have the government wrapped around their finger. I can NOT believe the IRS issued Visa prepaid debit cards as a refund check. Now Visa can profit off of their 2-4% transaction fee to the merchant AND many consumers who use the card at an unaffiliated ATM.