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> But the American credit card system, which is the same sort of thing mildly rearranged, is far less exploitative. Than what? Have we actually checked what th
by eli_gottlieb 1y ago
> But the American credit card system, which is the same sort of thing mildly rearranged, is far less exploitative.
Than what? Have we actually checked what the level of fraud is by credit-card companies, or how they price various cards for various customers?
- geodel 1y agoPlease enlighten on "level of fraud". Whenever I hear this thing it is mostly that any fees/charge is evil and when there is no charge or fees then of course customer is the product.
- eli_gottlieb 1y agoFees and charges are not fraud. Fraud is defined in the law.