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News@lemmy.world · 10 months ago

Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’

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Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’

paf0@lemmy.world to

News@lemmy.world · 10 months ago

Justice Department accuses Visa of debit network monopoly that affects price of 'nearly everything’

Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.

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vrek@programming.dev
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10 months ago
A liqor store near me offers 5% off if you use cash or debit.
- girthero@lemmy.world
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  10 months ago
  This also became trend for locally owned restaurants around me recently. From pizza shops to fine dining.
  - ShepherdPie@midwest.social
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    10 months ago
    Whenever I see a restaurant or other small business doing this, I always assume it’s to hide revenue and avoid taxes.

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