3 ms·

No, it's absolutely not. That's an insane definition that treats every platform or distributor's cut as a tax. Visa is taking a fee for the use of their service

No, it's absolutely not. That's an insane definition that treats every platform or distributor's cut as a tax. Visa is taking a fee for the use of their service, which you are not compelled to use.

r00fus 3y ago
Merchants sure as hell have very little choice to participate in the Visa/Mastercard payment networks since so many of their paying customers are cash-free these days. It’s not a tax on the end consumer. It’s a tax on businesses.
- xnx 3y ago
  Consumer ultimately pays all costs.