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Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
About time.
For reference, visa charges about 1.5%-3.5% on everything.
Oh, plus ten cents for every transaction, because fuck you, that’s why.
Now that you mention 3.5%, yeah I can see how 30% is a bit much