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In Norway there is already a low fee processor called BankAxept. It has made it practical for shops to sell even the cheapest item and accept payment by card without losing money.

https://en.wikipedia.org/wiki/BankAxept



This seems to have happened in the UK now too, though all bank debit cards have been Visa Debit since 2009 or so. I think fees are now solely percentage based and close enough to bank cash handling fees that there's no longer any downside to accepting card payments for small transactions.




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