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BTW in the EU they successfully just declared, by fiat, that card networks could set their fees to 0.2% or lower, or they could fuck off. And suddenly the fees
by immibis 1y ago
BTW in the EU they successfully just declared, by fiat, that card networks could set their fees to 0.2% or lower, or they could fuck off. And suddenly the fees were, magically, 0.2%, and the card networks still choose to operate in the EU which proves they're still making money. There are no credit card rewards, but so what - that was just your money getting returned to you anyway.
- ranger_danger 1y agoOffline transactions are max 0.2%, but online transactions are 1.5% for credit cards. https://paymentexpert.com/2024/07/08/visa-mastercard-european-union/ https://paymentexpert.com/2024/07/08/visa-mastercard-europea...