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5 comments
So the money goes to a different more diverse set of corporations now but as a side effect retailers can chose to not accept transactions from some types of credit cards from $x bank while still accepting those of that type from $y bank. I think this is a net negative for human persons experience in trying to pay for things.
> The deal, which is subject to court approval, also would allow retailers to charge consumers extra at checkout for using Visa or Mastercard credit cards and use pricing tactics to steer customers to lower-cost cards, according to a statement Tuesday from attorneys ...
Uh oh
Uh oh
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[0]: https://news.ycombinator.com/item?id=39828091