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> All that said, I would prefer if rewards cards in general were banned and everything was just 2% cheaper. Would you prefer that reality literally, or just if
by nonethewiser 3y ago
> All that said, I would prefer if rewards cards in general were banned and everything was just 2% cheaper.
Would you prefer that reality literally, or just if it was effectively like that? Literally doing that seems way worse than payment methods competing for your business with rewards.
- nfriedly 3y agoI think either would be an improvement over the current situation. I'd be happy with regulations that put a cap on the fees, similar to what the EU has. I want payment methods to compete by offering better service for lower fees, not by bribing consumers with rewards (and explicitly charging the businesses higher fees to pay for those bribes).