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by HFguy 1434 days ago
You wrote --- > "People have been saying that for decades. And in fact the opposite is happening. Visa/MC raising rates. PayPal raising rates. Volume shifting to more expensive BNPL."

He wrote--- > "CC companies are raising their rates because their margin is soon to be compressed."

He's talking about fees for transactions. Not rates. They are raising rates to make up for the lost fees.