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To answer your question literally: Congressmen like credit card companies because of their large campaign contributions. Anyone hoping to disrupt will have to o
by Benjo 15y ago
To answer your question literally: Congressmen like credit card companies because of their large campaign contributions. Anyone hoping to disrupt will have to overcome the fact that the rules of the game are being written against them. Paypal and Square seem to be doing alright though. Google wants to get into the market as well.
- thesteamboat 15y agoNot to mention all this Bitcoin stuff we've been hearing about recently. If it actually takes off there's potential in setting up physical systems/cards to facilitate point-of-sale bitcoin transactions in physical space.