Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’ - eviltoast
  • NateNate60@lemmy.world
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    2 months ago

    That’s essentially what FedNow wants to be, except the goal is to replace the debit card network.

    Trying to start a new debit card network is a chicken-and-egg problem.

    • knightly the Sneptaur@pawb.social
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      1 month ago

      Not when you’re a government.

      Mandate that payment processors have to support the state debit network and you’ll be on half the terminals in the country in three months.