GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 23 days agoWhy the banks want a cashless societylemmy.worldvideomessage-square112linkfedilinkarrow-up1440arrow-down115
arrow-up1425arrow-down1videoWhy the banks want a cashless societylemmy.worldGodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 23 days agomessage-square112linkfedilink
minus-squareBygoneNeutrino@lemmy.worldlinkfedilinkarrow-up5·edit-222 days agoI still don’t understand what Visa and MasterCard do that justifies 5% of every transaction. Computers have made their job infinitly easier, yet their fee has remained the same.
minus-squareErmahgherdDavid@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up5·22 days agoIt’s called “we’re a duopoly so fuck you guys”
I still don’t understand what Visa and MasterCard do that justifies 5% of every transaction. Computers have made their job infinitly easier, yet their fee has remained the same.
It’s called “we’re a duopoly so fuck you guys”