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728 points freedomben | 3 comments | | HN request time: 0.669s | 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.
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1. lotsofpulp ◴[] No.44606849[source]
Use ACH/Zelle/Paypal/etc.

The permanent solution is a federal government operated electronic money system operated as a utility with constitutionally protected rights.

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2. majorchord ◴[] No.44607009[source]
Those solutions might work for some people in some countries, but I would argue that it's not acceptable for the vast majority of customers, and they would lose a very significant portion of revenue.
3. gs17 ◴[] No.44607174[source]
PayPal has also been involved in this.