S.401 - Fair Access to Banking Act

[Retink Retunk]

you are such a stupid nigger that your post shouldn't even warrant a response. WHY THE FUCK SHOULD THEY EVEN BE ALLOWED TO COLLECT IT IN THE FIRST PLACE. TELL ME ONE (1) SYSTEM OF CURRENCY WHERE SOME RANDOM THIRD PARTY GOT A 2.7% CUT PRIOR TO THE YEAR 2000. IT DOESN'T EXIST. NIGGER CATTLE SOMEHOW FORGOT THAT THE CREDIT CARD WASN'T THE DEFAULT SYSTEM OF PAYMENT UP UNTIL THE PAST 20 YEARS. WHAT SORT OF FUCKING CONTRARIAN RETARD DO YOU HAVE TO BE TO DEFEND CHASE BANK OF ALL FUCKING PLACES YOU STUPID CUNT

Dipshit, where did I say they should be allowed to do any of this? I even said it doesn't invalidate Null's other points in my first post

None of this is to discredit your point, as payment processors are fucked, just the add clarity to this specific section for accuracy.

I'm just pointing out he has some incorrect parts in his statement that should probably be corrected to better support his point.

 

[Battlefield2142EU]

The same credit card companies and banks censoring video games and websites for wrong think are the same companies that refused to stop doing banking business on Epstein Island and stood behind pornhub after the site was caught profiting from CP.

 

[NSA]

You gotta stop spoiling the plot of Fight Club bro.

 

[George Lucas]

I can't go into specifics but are you sure this correct?

Companies do have the ability to negotiate fees and sometimes do get rebates if their transaction fees are high enough, and according to Google AI, which isn't very reliable, Walmart is working to set up more "pay by bank" systems to bypass these fees.

I'm also not a hundred percent sure if stores are forbidden from passing the fee along to credit card users. Some states prohibit it, but even then they usually allow it if it's properly disclosed and if the customer is provided with an alternative means of purchase. I've seen these fees integrated openly into POS systems and most vendors on the B2B end due charge a credit card fee, however, they usually offer other methods of payment such as a bank wire.

None of this is to discredit your point, as payment processors are fucked, just the add clarity to this specific section for accuracy.

Yeah the big companies aren’t paying the full rate. They have a contract. The more volume you bring in, the less per transaction you have to pay.

There are some rules about disclosing the fee. I think you are just not supposed to disclose it. And you can’t offer a debit discount. Cash discounts I think are fine. But if you charge debit, you are supposed to charge the same as you would a credit card.

 

[c.a9]

I can't believe you referred to censorious cunts as holes. for shame. Anyways niggerfaggot kike spic retard chink incel cracka.

 

[harbringer883]

View attachment 7675305
The same credit card companies and banks censoring video games and websites for wrong think are the same companies that refused to stop doing banking business on Epstein Island and stood behind pornhub after the site was caught profiting from CP.

Double standards? In my jewish megacorp? No way....

 

[George Lucas]

Here's Square's (owned by Stripe) for example. Let me know if this sounds good to you:
View attachment 7675229
2.6% and 15 cents per every transaction? I can't believe I'm not stealing! Thank you Stripe for the valuable service you perform.

Stripe is known for being one of the most expensive gateways. You are paying for the convenience and ease of use, but most businesses quickly move on to something else once they scale.

 

[Retink Retunk]

There are some rules about disclosing the fee. I think you are just not supposed to disclose it. And you can’t offer a debit discount. Cash discounts I think are fine. But if you charge debit, you are supposed to charge the same as you would a credit card.

The surcharge rules are as follows:

 

[888Flux]

durr im retarded durr

 

[Agamemnon Busmalis]

I can't believe you referred to censorious cunts as holes. for shame. Anyways niggerfaggot kike spic retard chink incel cracka.

Spadepoof, hymie, wetback, moron, gook, confirmed bachelor, peckerwood,

People here really need to broaden their vocabulary. English has a rich variety of racial, ethnic, sexual and cultural slurs for all occasions.

 

[Sneedenhagen Chew]

Much like our pro-criminal judges, a final solution is needed to the banker problem in America and Canada.

 

[GeekUSA]

>featured thread about bill targeting payment processors
>check the thread
>half of it's gender sperging

 

[Useful_Mistake]

and according to Google AI, which isn't very reliable,

I cannot put into words how much I dislike posters like you.

 

[Retink Retunk]

I cannot put into words how much I dislike posters like you.

You know you love me xoxo.

 

[oh no its pipkun]

You know there are many women who also agree with this but don't want to associate with a movement spearheaded by a guy who calls women "holes".

2 activist groups advocating for the same thing but for different reasons is better than 1. no reason women can't lead their own payment processor accountability group.

 

[147573952589676412927]

Stopped reading where you called women who are against violent rape simulators "retarded holes" and so will every other woman, fyi. Good luck trying to mobilize the incel crowd I guess.

You're really not avoiding any stereotypes by taking an issue that does actually have real world consequences and literally affects everyone who is even slightly outside of the normiesphere, and making it about your feelings.

It's not about the porn. Today it's the porn, tomorrow it's something you care about.

You people who fixate on gender are a cancer upon the world.

 

[President Joe Biden]

Josh totally undercut his own message by allowing a fat retard to continue posting. Cucked on his own forum by a hole.

 

[Oulun]

"Let women keep silence on the forums: for it is not permitted them to post, but to be paypiggies, as the law saith. But if they would learn any thing, let them ask their mods in the beauty parlor. For it is a shame for a foid to derail the thread." -1 Kiwinthians 14:34-35

 

[George Lucas]

you are such a stupid nigger that your post shouldn't even warrant a response. WHY THE FUCK SHOULD THEY EVEN BE ALLOWED TO COLLECT IT IN THE FIRST PLACE. TELL ME ONE (1) SYSTEM OF CURRENCY WHERE SOME RANDOM THIRD PARTY GOT A 2.7% CUT PRIOR TO THE YEAR 2000. IT DOESN'T EXIST. NIGGER CATTLE SOMEHOW FORGOT THAT THE CREDIT CARD WASN'T THE DEFAULT SYSTEM OF PAYMENT UP UNTIL THE PAST 20 YEARS. WHAT SORT OF FUCKING CONTRARIAN RETARD DO YOU HAVE TO BE TO DEFEND CHASE BANK OF ALL FUCKING PLACES YOU STUPID CUNT

Because they offer a service you dumb shit. The only alternative to settling transactions electronically without needing some company to do work for you is FedWire. Do you really want to do all your transactions with FedWire?

It takes work to settle transactions. In addition, credit cards offer services to the consumers. The very least is fraud protection. Have you ever heard about what happens when a debit card is stolen? All the money is gone. It doesn’t come back. With a credit card you dispute the charges and you don’t lose any money. Consumer want to use credit cards, so merchants have to pay to make it possible for customers to use those cards for their purchases.

You know how you can do ACH transfers at your bank for free? That’s not actually free. Your bank is providing it to you as a free service because they want you to keep using them. But if you start treating that account as a business and start having thousands of ACH transactions per day, the bank will make you pay or close your account. Business accounts with a large number of transactions have to pay for those transactions to be processed. It’s the cost of doing business.

In cash business, there is also a cost. There is a time cost for counting money, a dollar cost for transporting it to the bank, a risk cost for it being stolen. Everything in business has cost one way or another. There’s no free lunch.

I find the 2% or 3% or whatever in merchant fees in order to fund the credit card system to be far more efficient than the 10%+ sales tax states love to butt fuck us with. Or do you think we should fund electronic clearing with taxes and let the government fuck us more?

 

[Terrifik]

>featured thread about bill targeting payment processors
>check the thread
>half of it's gender sperging
View attachment 7675363

Just as Occupy Wallstreet has invisioned.