Quote from: Aura on February 17, 2019, 05:26:40 PM

I hope that more merchants start to realize that they are being ripped of by this duopoly. The lightning network could be a nice alternative. It provides instant transactions with negligible fees, meaning that merchants will have a 2.5% improvement on revenue. It will be very though to adopt this in our society but definitely not impossible. We need some multinational corporations to adopt it into their system and then the rest will follow.

Well, hopefully, it will happen. If we will let blockchain to wreck this duopoly then blockchain will be the best alternative for card networks.
I think they are trying to raise the fees because the government is also asking some for them since they already own the market because of the duopoly. Well, this is very interesting if blockchain will get inside the card network industry and improve the fintech of the world.