← Back to context Comment by brikym 1 hour ago If there is a cartel it's at the Visa & Mastercard layer surely. 5 comments brikym Reply digitaltrees 3 minutes ago I agree with this for in-person payments. But surely stripe has a monopoly on development api payments and PayPal on e-commerce. What i would expect is that visa Master card try to buy the stripe/PayPal. reddalo 1 hour ago I can't wait for Europe to come up with an alternative for Visa & Mastercard.European business pay a "hidden" tax to the US on everything, in the form of Visa & Mastercard commissions. PaulDavisThe1st 1 hour ago Which (a) the EU can and does regulate (b) the majority of the commission goes to the issuing bank.I hate feeling as if I'm defending Visa or Mastercard, but if we're going to attack them, let's get our storytelling correct first. digitaltrees 2 minutes ago That's fair but it does end up flowing through the US right?
digitaltrees 3 minutes ago I agree with this for in-person payments. But surely stripe has a monopoly on development api payments and PayPal on e-commerce. What i would expect is that visa Master card try to buy the stripe/PayPal.
reddalo 1 hour ago I can't wait for Europe to come up with an alternative for Visa & Mastercard.European business pay a "hidden" tax to the US on everything, in the form of Visa & Mastercard commissions. PaulDavisThe1st 1 hour ago Which (a) the EU can and does regulate (b) the majority of the commission goes to the issuing bank.I hate feeling as if I'm defending Visa or Mastercard, but if we're going to attack them, let's get our storytelling correct first. digitaltrees 2 minutes ago That's fair but it does end up flowing through the US right?
PaulDavisThe1st 1 hour ago Which (a) the EU can and does regulate (b) the majority of the commission goes to the issuing bank.I hate feeling as if I'm defending Visa or Mastercard, but if we're going to attack them, let's get our storytelling correct first. digitaltrees 2 minutes ago That's fair but it does end up flowing through the US right?
I agree with this for in-person payments. But surely stripe has a monopoly on development api payments and PayPal on e-commerce. What i would expect is that visa Master card try to buy the stripe/PayPal.
I can't wait for Europe to come up with an alternative for Visa & Mastercard.
European business pay a "hidden" tax to the US on everything, in the form of Visa & Mastercard commissions.
Which (a) the EU can and does regulate (b) the majority of the commission goes to the issuing bank.
I hate feeling as if I'm defending Visa or Mastercard, but if we're going to attack them, let's get our storytelling correct first.
That's fair but it does end up flowing through the US right?