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lxgryesterday at 11:41 PM0 repliesview on HN

> So the article shows how visa and mastercard are, by far, not the ones taking the largest fee

But they set the interchange rates and disallow (or at least have until recently, in the US) merchants to discriminate against cards based on rate or type via their “honor all cards” rules.

They are absolutely propping up and benefiting from the high fees.