4 ms·
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
by reddalo 2mo 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 2mo agoWhich (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 2mo agoThat's fair but it does end up flowing through the US right?