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Ideally, they should be able disallow whatever they want, and give up that business if they don't want it. What they can't do is create a monopoly situation an
by shermantanktop 1y ago
Ideally, they should be able disallow whatever they want, and give up that business if they don't want it.
What they can't do is create a monopoly situation and continue to be that selective---because there is no other game in town, due to their own actions.
- t-writescode 1y agoNot when the systems in place have made these tools as the “de facto”, safe method of money transfer throughout the globe. All credit card companies collectively have made themselves “the way” to do it; and they all moralize.
- devmor 1y agoThey already have a monopoly situation, so either they must be forced to allow all transactions or they must be forced to allow those that will to use their networks.
- salawat 1y agoTell ya what. When the postal service runs a card network to compete with them, that charges lower interest, and doesn't monetize by selling transaction sets, then we can talk about CC companies being able to be picky about transactions. Til then? Nah...