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Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun
(europeanbusinessmagazine.com)
this post was submitted on 10 Feb 2026
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Technology
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How is it not? They take a part of every fucking payment. Jesus Christ would not like it at all.
You mean like every company that charges a fee? That's not a scam, that's called business. Jesus Christ it's like people want everything for free and don't understand that it costs money to run a business. Credit cards charge interest, your bank charges fees, businesses price stuff over their cost. That farmer you pay for their vegetables charges more then it cost them to produce. These aren't scams. They are the cost of having services and good provided to you.
How much is the fee? Because last I checked it was not like an etransfer (included in most banking plans).
Unless I am using my business account, being paid for some sort of goods or services, or doing things like instant transfers into my bank account I've never been charged a fee on Venmo. I use Venmo to transfer money between me and my significant and other all the time,c I send money to my friend all the time. Hell I've used Venmo to pay my employees through my personal account and never had any issues.