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by Nursie 1490 days ago
> Would be nice if everything cost 3% less

Eh, the fees on cards are a bit of a myth. Not that they don't exist, but their impact. Particularly in IRL transactions. Sure, a cash transaction doesn't cost the merchant 3% straight off, but it does pile on extra banking costs, extra security costs, extra staff time to handle cash etc.

But sure, it would be nice to have a cheaper way with similar guarantees for online transactions. The alternative is usually bank transfers, but with those, if you get defrauded it's on you, so I quite like CCs for that.

Also in a lot of countries fees are capped way lower than 3%...