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Costco in the US has, for as long as I’ve shopped there, only accepted visa or debit.
by titanomachy 5mo ago
Costco in the US has, for as long as I’ve shopped there, only accepted visa or debit.
- UltraSane 5mo agoI'm pretty sure this is because they negotiated a very good rate with Visa in exchange for being exclusive.
- __david__ 5mo agoThat’s only fairly recently at my Costco. For years and years it was only American Express and debit.
- _whiteCaps_ 5mo agoInteresting. In Canada they only accept Mastercard in store.
- mercutio2 5mo agoThis is orthogonal to the Interchange Fee Settlement. The settlement allows stores to decline different *classes* of Visa cards. It was always possible to accept Visa but not MasterCard, etc. What was not previously possible was to query, before the transaction “what will the fees be” and reject cardholders presenting high-fee cards from a network you have a relationship with. That is now allowed, by consent decree. But so far no one is doing it.