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Threats of exposure and boycotting/blacklisting the card making room for competitors. Plenty of religious groups have the money to be able to start the "holy c
by cogman10 1y ago
Threats of exposure and boycotting/blacklisting the card making room for competitors.
Plenty of religious groups have the money to be able to start the "holy card". And there's plenty of businesses that'd be giddy to accept Jesus card.
Consider, for example, companies like hobby lobby or Chick-fil-A banning visa and promoting Jesus card.
It also wouldn't take much for such a card to advertise itself as kid friendly.
Thinking about it, I'm a little surprised this hasn't happened already.
- kwanbix 1y agoWhat competitors? You mean a "Jesus Card" issued by Visa or Mastercard? At this point, it's basically an oligopoly. The only other real player is Amex, and they're a very distant third.
- lxgr 1y agoAmex isn't really a competitor, since they're both card issuer and network in one. (I believe they have a few third party issued cards these days, but it's not a significant part of their business. The same goes for Discover.)
- Retric 1y agoLet’s be real, Chick-fil-A banning Visa would likely result in its bankruptcy. Starting a holy card that doesn’t work at gas stations etc is an extremely uphill battle.
- aetherson 1y agoYeah, 30 years ago this might've been able to get off the ground. Today? Not a prayer.
- cogman10 1y ago> would likely result in its bankruptcy. Maybe? Depends on how customers are sold on the mission. If it's sold as protecting children I could see a number of people ditching their cards. > Starting a holy card that doesn’t work at gas stations etc is an extremely uphill battle. True. It'd take a large amount of initial capital and would likely need a targeted and regional rollout with some nice incentives to the merchants.
- AlexandrB 1y agoDon't know about that. Costco banned Mastercard and they're doing fine.
- FpUser 1y agoI use my debit card at gas stations
- erikerikson 1y agoDo you mean like Greenlight?