this post was submitted on 14 Jan 2026
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Mastercard/Visa’s control (lemmy.world)
submitted 1 month ago by ontariobay@lemmy.world to c/curatedtumblr@sh.itjust.works
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[–] evol@lemmy.today 1 points 1 month ago* (last edited 1 month ago)

The EU caps interchange fees iirc so its not as profitable for VISA. We did the same for debit cards in the USA which is why credit cards became even more pushed