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So instead of sometimes one of the two not being accepted, you want me to carry 50 different ones and have 2/3 rejected? No, thank you.
by Ratiofarmings 6y ago
So instead of sometimes one of the two not being accepted, you want me to carry 50 different ones and have 2/3 rejected?
No, thank you.
- apexalpha 6y agoThe only reason some cards are not accepted somewhere is because Visa-Mastercard are so powerful they force 3%-5% margins on transactions for merchants. In the EU the just use bank cards. And since there's regulations the fees are lows and everyone can use it everywhere.
- rbrtl 6y agoNo... You have the option of any of 50, and they can all be accepted everywhere; rather than the option of only two if you want a chance of being accepted. I believe this is already law in the EU anyway, but there are few competitors to the big two.
- richardwhiuk 6y agoWhat's law? That you have to accept all types of payment? Nope. If everything has to be accepted everywhere, then there's no differentiation