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Old 04-23-2012, 08:09 AM  
Barefootsies
Choice is an Illusion
 
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Join Date: Feb 2005
Location: Land of Obama
Posts: 42,635
Quote:
Originally Posted by sperbonzo View Post
Actually, in this aspect of banking, everyone works for VISA and MC. Even the processors, and even the banks...
Well said.

You can demonize the 3rd party processors all you like, but the real power is wielded by the merchant banks higher up the food chain. For anyone who's dealt with this on a larger level, would easily understand this.

VISA, Mastercard, the merchant bank that 3rd party processors use are who hold the true power, and set the rules we must all follow. Shit simply runs down hill.

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Enough Said.

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