3 ms·
> I wonder why this is interesting to people on HN. Visa and Mastercard's defacto monopoly is a huge issue for many startups, and therefore this is directly re
by Mindwipe 6y ago
> I wonder why this is interesting to people on HN.
Visa and Mastercard's defacto monopoly is a huge issue for many startups, and therefore this is directly relevant.
I think a head of steam is beginning to build that V/MC is a situation that cannot be allowed to continue as is.
- ketzu 6y agoThanks for the response. I do see the applicability and their dominant market position. In what way is it a huge issue for many startups? Personally I see issues for consumers on the one hand and companies that provide goods or services that are deemed "not acceptable" by the duopoly. So I'm interested in the issues many startups have. Regarding the article, as far as I found out by googling a bit, they basically rais the fees to their non-internal-EU fees. (But that might not actually be the case.) So it feels less news worthy to me.