Mandating payment provider or store competition has no clear end result, with significantly more overhead for everyone. Countries around the world already regu

Mandating payment provider or store competition has no clear end result, with significantly more overhead for everyone. Countries around the world already regulate pricing on things like Credit Card transaction fees. This should be no different. In Australia for example: "Each scheme's average interchange fee, weighted by the value or volume of transactions in each interchange category, is required to be below a benchmark of 0.50 per cent for credit cards, and 8 cents for debit and prepaid cards." https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/q-and-a/#:~:text=Specifically%2C%20each%20scheme's%20average%20interchange,for%20debit%20and%20prepaid%20cards https://www.rba.gov.au/payments-and-infrastructure/review-of....