this post was submitted on 04 Aug 2025
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They have no place or right to say absolutely anything about anything. They run a skimming scam where in the USA the fees it costs to use their bullshit get normalized and paid by everyone. They are a criminal skimming scam. If you want to use a credit card you should be paying that 4-7% extra, not the retailer and therefore everyone else. That is your problem for choosing to use their ""service"". See how long they last as a business when you actually see the additional cost you are paying for them to exist. They do nothing useful any more. Crypto is literally automation of their reason to exist. I'm no crypto boy, but try ameliorating all the overhead of these shits and their carbon footprint. See how that adds up.
Are credit card fees really 4-7% in the US? In the EU also Visa and MasterCard are really popular but fees are capped at 0.3%.
https://eur-lex.europa.eu/EN/legal-content/summary/fees-for-card-based-payments.html
I’ve never seen 7%, but yeah, after everyone gets their cut the US is around 3% at the end of the day to process credit cards. We even have gas stations here that have separate advertised rates for credit vs cash.
I've owned and operated a few US service businesses and Visa/MC were 1-3%. Discover was 2-3%. AmEx was 3-6%.