alt Hacker NewsI have always wondered what kind of shenanigans Mastercard or Visa did to convince so many banks to use their networks for debit cards.
When did banks actually make that switch?
It must be relatively recent, because I remember not that long ago my credit union ATM card was not part of Mastercard. Now I have a new one and it suddenly has a Mastercard logo.
They discontinued their debit networks Maestro and V-Pay, so they can get 0.1% more commission