[kobalsky]

Well, it used to be justified but if they are lowering their rates it's in part because they are starting to get replaced by regional wallets.

Personally I think it's fantastic they are losing ground because it really rubs me the wrong way when they force their morals [1] [2].

[1] https://www.theverge.com/2021/8/19/22632797/onlyfans-prohibi...

[2] https://www.theguardian.com/world/2025/jul/29/mastercard-vis...

[lotsofpulp]

In the US, they are getting replaced by ACH. The seller gets to receive payment at near zero cost, with no chargeback risk.

A 3% credit card surcharge is enough to make me switch my insurance/mobile network/home internet/utility/property tax transactions to ACH to avoid losing money on a credit card transaction that I am never going to need to chargeback.

[barbazoo]

Careful with utilities etc there were stories here of people being charged outrageous amounts for their electricity use iirc (Texas?). I’d be hesitant to give them my bank account info, it could take years for that to get settled.

[blasphemers]

Except the networks are not forcing their morals onto anyone, they are not payment processors.