Lower fees.
Comment on Phonecall campaign to tell MasterCard & Visa to stop censoring adult content
Catoblepas@piefed.blahaj.zone 3 days agoThere are only 4 credit card networks in the US, regardless of the credit card brand: Visa, Mastercard, American Express, and Discover. Anecdotally Visa and Mastercard are by far the most commonly used and accepted, but I couldn’t tell you why, beyond it often being the default debit card issued by banks.
Blackmist@feddit.uk 2 days ago
AnUnusualRelic@lemmy.world 2 days ago
What happened to diners card?
captain_aggravated@sh.itjust.works 2 days ago
I can offer a clue.
Discover was Sears’ in-house charge/credit card. It got spun off by itself but a lot of companies never really started accepting Discover.
American Express, their whole thing is exclusivity. It’s the card you use to pay at fancy places. They charge merchants more in service fees, so a lot of places just don’t do business with them.
ampersandrew@lemmy.world 2 days ago
A really great gag in Futurama is that American Express survived 1000 years, but still no one accepts them for payment.
captain_aggravated@sh.itjust.works 2 days ago
It was Discover.
ampersandrew@lemmy.world 2 days ago
Damn, my mistake.