4 ms·

Just ask your parliament to limit the fee? It's 0.3% for credit cards and 0.2% for debit cards in the European Union: https://www.consilium.europa.eu/en/press/

• rockostrich 3y ago
  They already started trying. The Credit Card Competition Act was introduced last year [1]. It doesn't explicitly limit interchange fees though. Instead it allows merchants to choose the payment network that payments go through which legislators hope would create a race to the bottom. [1] https://www.congress.gov/bill/118th-congress/senate-bill/1838/text https://www.congress.gov/bill/118th-congress/senate-bill/183...