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> The EU caps it at 0.3% maximum

That's completely untrue. Most European businesses pay much more than that.



You're mixing up total cost of processing the card (which is what Stripe and other gateways charge) with the Visa/MC rent.

https://ec.europa.eu/commission/presscorner/detail/fr/MEMO_1...

"Therefore, the Regulation caps interchange fees for consumer debit cards to 0.2 % and consumer credit cards to 0.3 % of the value of the transaction."


The (now called) interchange fees go to the card issuing banks, not the card networks. Both network/scheme fees and processor fees come on top of that.




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