Comment by akvadrako
2 months ago
The fees are capped at 0.3% in EU and most countries have their own systems that are more popular.
The reason the credit card monopolies exist is they work globally.
2 months ago
The fees are capped at 0.3% in EU and most countries have their own systems that are more popular.
The reason the credit card monopolies exist is they work globally.
But vast majority of people make most their transactions domestically. Why cater for the minority? Also, both can exist.
the vast majority of people doesn't care about payment technology/channels, they just want it to be convenient and work and not having to context shift between "if i pay on vacation i need to use this card, if i pay this guy i need to use this app, etc"