2026-06-11 14:09:03
#VISA #MasterCard
One potential side effect of limiting processing fees would be merchants being able to deny using some high cost cards.
"The 'honor all cards' provision, which requires merchants to accept all Visa and Mastercard versions, would be discontinued. Merchants may choose to decline to accept higher-cost rewards cards and other premium consumer and commercial credit cards."
Oligarchies suck
https://finance.yahoo.com/personal-finance/banking/article/what-the-38-billion-visa-mastercard-swipe-fee-settlement-means-for-credit-card-users-164015738.html
