• Payments

    A Response to Pricenomics

    [read this post’s disclaimer below] Priceonomics Blog, a publication I often read with interest, recently posted an article alleging that the major card networks (Visa, MasterCard, Amex) are a “tax” on the United States. You can read the post here. Now, that’s a pretty strong allegation, and while the author spins a tale that sounds both dramatic and nefarious, he also omits crucial context and facts relevant to the discussion.