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by vtlynch 3936 days ago
This seems like a very short-sighted post that mainly serves as a dig on the credit card industry for an ideological reason.

They can use systems like Authorize.net and the fees are very reasonable. There are LOTS of reasons that credit card companies charge you fees based off the transaction: fraud protection costs scale, as do the "cashback bonuses" that they give to customers as an incentive to use credit (can you imagine how many billions are spent on credit that people cant afford on debit??), etc, etc.

The most obvious reason, as they say, is because they mainly work with B2B customers who prefer to pay another way. They just wanted an opportunity to rag on credit cards.