this post was submitted on 14 Jan 2026
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Mastercard/Visa’s control (lemmy.world)
submitted 2 days ago by ontariobay@lemmy.world to c/curatedtumblr@sh.itjust.works
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[–] Pulsar@lemmy.world 24 points 1 day ago (1 children)

Visa/MasterCard is a tax in every transaction. You might not see it but it is there.

[–] evol@lemmy.today 3 points 1 day ago (2 children)

I hate that I don't get like a 2% cash discount, I get like 3%+ from credit cards so justifying cash is kind of hard

[–] BanMe@lemmy.world 1 points 2 hours ago

If you have bad credit you don't get perks like that. So addicts, poor people, anyone trying to turn their life around. This is a regressive tax.

[–] Flaxseed@lemmy.world 2 points 19 hours ago

At least in Denmark, paying cash was shown to be more expensive, due to the cost of money transportation services and the fee banks charge to provide bills and coins for the change in the register.

Also the stores can’t do any analytics on purchasing patterns on you when paying cash. So all in all they prefer credit cards or registering for membership programs for payments.