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Simon Flett /
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2024-01-08 19:12:37

Simon Flett on Nostr: Banks charging vendors 6% for card transactions are profiteering. Plainly the ...

Banks charging vendors 6% for card transactions are profiteering. Plainly the automated processing of a small transaction involves no more, and no less, "work" than a larger one. There is no justification for charging a percentile (instead of a fixed fee), let alone such an exhorbitant one. A competent Government with interests of electors at heart would have regulated this long ago. Instead, under Merchant Banker #Sunak we have Government of the Bankers, for the Bankers

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