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Comment by d3nt

It's an incentives problem, not a technology problem. In the United States, interchange is one of the main sources of revenue both for card issuers (both debit and credit). Even though card network rails have their flaws (e.g. fraud, settlement speed, cost), it's unlikely that major banks will adopt another system unless it's as lucrative, or until there's regulatory action that forces them to do so.
parent d3nt 3 years ago

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