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793 points freedomben | 4 comments | | HN request time: 0.633s | source
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ranger_danger ◴[] No.44606578[source]
What can be done to loosen card companies' grip on this? It has been a constant problem now for decades.
replies(11): >>44606634 #>>44606685 #>>44606756 #>>44606802 #>>44606833 #>>44606849 #>>44606971 #>>44607003 #>>44607861 #>>44611206 #>>44614164 #
1. ranger_danger ◴[] No.44606951[source]
Why do you think it's fair/acceptable to strongarm niche sectors that want to process credit cards just like everyone else?
replies(1): >>44607302 #
2. majorchord ◴[] No.44607041[source]
"It doesn't personally affect me so I don't care."
replies(1): >>44607342 #
3. bobro ◴[] No.44607302[source]
Because those sectors are particularly difficult for processors in terms of fraud and abuse. If your niche is so disproportionately problematic that cc companies don’t think it’s worth it to try to make money off you, then you should find a different solution.
4. bobro ◴[] No.44607342[source]
It absolutely does affect me for disproportionately fraudulent activity to exist on the same system I use for routine payments. I don’t want to subsidize cc abusers with the cc processing fees I implicitly pay.