2 ms·
You've articulated the exact sentiment that I have to others before. What can we do about it? Is trying to out-lobby i.e. regulate the CC companies the only wa
by bwy 4y ago
You've articulated the exact sentiment that I have to others before.
What can we do about it? Is trying to out-lobby i.e. regulate the CC companies the only way? I noticed that other countries don't seem to have this problem.
- arcastroe 4y agoWhat prevents a new credit card company coming in and competing with a 2% transaction fee and undercutting visa/square? Is it barrier to entry? Or would such hypothesized credit card company eventually cave to greed once they got big enough and move to 3% fees?