That&#x27;s not the only downside, this basically kills the possibility of innovation. They&#x27;re basically solidifying the position of MC and Visa in the market forever, and make it hard for someone else to come in.<p>So far the U.S. hasn&#x27;t been so successful in taking the power away from these payment networks, but at least there&#x27;s a chance. I could see someone like Square coming in and dominating the market with a consumer product in 5-10 years.