It's a duopoly. Of course you're being ripped off. Hence the lawsuit.

dkksfj · on Sept 9, 2016

How is it a duopoly?

ceejayoz · on Sept 10, 2016

Visa and Mastercard account for 85.2% of global payment volume, according to https://www.nerdwallet.com/blog/credit-card-data/credit-card....

BenElgar · on Sept 10, 2016

I'm actually surprised it's so low.

superuser2 · on Sept 11, 2016

Can't pay for housing on a credit card (usually). Most rent and mortgage payments are checks in the mail or ACH web portals.

I'm surprised rent as a percentage of transaction volume is so low. We don't all live in the Bay Area, I suppose.