Comment on Sweden, Norway rethink plans for cashless societies over fears that fully digital payment systems would leave them vulnerable to Russian security threats

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sensiblepuffin@lemmy.world ⁨1⁩ ⁨week⁩ ago

It’s extremely disappointing to me (admittedly in the US) that Covid seems to have obliterated any chance for a large-scale investigation on payment processors’ stranglehold on our financial systems. The fees that Visa/Mastercard/etc. charge, especially for tiny merchants with insanely low transaction numbers, are criminal.

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