[tobias3]

Here in the EU, credit card transaction fees are capped at 0,3%. So no shenanigans, but cryptocurrencies would have to fall within this range as well.

[AmericanChopper]

> Here in the EU, credit card transaction fees are capped at 0,3%. So no shenanigans

This isn’t true. Interchange fees are capped at that rate, but that’s only one portion of the total transactional fee charged to merchants for processing card payments.

[hackissimo123]

Is that the case in the whole EU? Because my AmEx gives me 1% cashback here in the UK, and that's been true since long before Brexit.

[ValentineC]

Non-partner Amex's are considered "three party card schemes", and therefore not subject to the interchange caps [1].

This means that there's a chance your merchant has been paying more for each Amex payment.

[1] https://curia.europa.eu/jcms/upload/docs/application/pdf/201...

[whimsicalism]

https://www.gov.uk/government/news/credit-and-debit-card-fee....