[cortic]

0.3/0.2% caps are for customers accounts (and don't cover missed payments which can be punitively charged). merchant fees can still be very high, and silently passed on to customers. The fact that the law obfuscates what the CC companies are actually getting from a transaction should worry us, as they can sneak merchant fees up each year without push-back from the general public.

[yywwbbn]

You’re right. It seem the fees are still around 1% at least for smaller businesses in my country.