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> The real corruption/monopoly in financial services that needs addressing are the amex/visa/mastercard transaction fees. The filthy anti capitalist socialists
by blitzar 2y ago
> The real corruption/monopoly in financial services that needs addressing are the amex/visa/mastercard transaction fees.
The filthy anti capitalist socialists in Europe have already done that.
EU Interchange cap as follows: 0.2% of the transaction value for Visa and Mastercard consumer debit cards. 0.3% of the transaction value for Visa and Mastercard consumer credit cards.
Seems to work fine.