[bwy]

You've articulated the exact sentiment that I have to others before.

What can we do about it? Is trying to out-lobby i.e. regulate the CC companies the only way? I noticed that other countries don't seem to have this problem.

[arcastroe]

What prevents a new credit card company coming in and competing with a 2% transaction fee and undercutting visa/square?

Is it barrier to entry? Or would such hypothesized credit card company eventually cave to greed once they got big enough and move to 3% fees?