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unfair as it may seem, a Monopoly is needed in this case of Visa/Mastercard. Reason being that if there wasnt a monopoly then you wouldn't have access to billions and billions of card members. Would you really want to take all the time and effort to go out and collect a million different banks issuing gateways and connect them up to your system. You would spend years.
Visa/Mastercard is one of those monopolies that allows everyone to make more in the end. Yeah sure they take some money, but everyone needs to profit. Think if there was no Visa, where would the adult industry be? Alot further behind.
Jim
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