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Visa, Mastercard, Major Banks Facing New Litigation Over ‘Anticompetitive’ Merchant Credit Card Transaction Fees (www.classaction.org)
submitted 1 day ago by to c/technology@lemmy.world
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cross-posted from: https://piefed.world/c/tech/p/1449557/visa-mastercard-major-banks-facing-new-litigation-over-anticompetitive-merchant-credit-c

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[–] 14 points 22 hours ago (9 children)

A lot of places here refuse AMEX because of their fees. Oh look at all the benefits they provide, like barely being able to spend money anywhere!

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  • [–] 1 point 4 hours ago (2 children)

    Yeah, AMEX is hard to use in Europe or most places I've been outside of the US. AMEX is taken just about everywhere I go in the US, though. It's my everyday card due to the travel benefits.

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  • [–] 4 points 4 hours ago (1 child)

    Travel benefits and yet can't be used when travelling?

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  • [–] 2 points 4 hours ago

    Yeah, I know. I wish Delta hadn't partnered with them, but here we are.

    To be clear, it can be used with traveling. Hotels and car rental places and subway systems and most clothing stores all take AMEX in Europe. Many established restaurants do, too. It is just easier to use Visa over there, though.

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  • [–] 2 points 22 hours ago (5 children)

    That was a big problem a couple decades ago, and with Discover even more so. But I can’t remember any time in the last 15 years when AMEX wasn’t accepted.

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  • [–] 8 points 22 hours ago (4 children)

    Maybe its regional. UK here and any time I see a sign saying a card isn't accepted it's always AMEX. By far more common in smaller shops where the fees are going to be more significant to them. Big chains don't care.

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  • [–] 3 points 21 hours ago* (2 children)

    In America all the merchants just charge the customer the merchant fees and call it a day

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