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Comment by 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.

2 comments

reddalo

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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.