Mastercard is raking in profit margins of over 44%, and Visa is pocketing over 55%. This duopoly is charging WAY higher swipe fees than consumers pay in Europe or Canada. The Credit Card Competition Act will end this madness and save American families nearly $1,000 per year each.

Mastercard is raking in profit margins of over 44%, and Visa is pocketing over 55%. This duopoly is charging WAY higher swipe fees than consumers pay in Europe or Canada. The Credit Card Competition Act will end this madness and save American families nearly $1,000 per year each. submitted by /u/XGramatik
[link] [comments]

Make a post in our subreddit XGramatikInsights, and your thoughts will appear here!

Share the Post:

Related Posts