Maybe one day someone will make a real card that does not involve banks. banks are to tied into the system. They created it, they control it, they can charge what they want for it. It is part of why some banks are looking into crypto. There is no ability to create a credit type card that will not go through a bank. All the card readers, and the card reader system, are owned by the banks. The amount of the fee they charge the business for using it is set by the banks. If a person wants to run a business they need a card reader to accept credit card payments. When I shop now and have to use my card I ask the business owner run at the cheapest rate for you. The credit rate fee is higher than the debit card fee, and my card works both ways.

Now if someone created a crypto debit/credit card only that would be great for the small business. many of them already use a tablet with a chip reader attachment. They still get charged for using the system but they no longer have to pay rent or wait for the card reader to fixed when it breaks.

I would get annoyed when shopping and the power goes out and the cashier could not check me out because the power was out. They did not know how to count on their fingers and toes, their stocking system relied on knowing how many items were scanned at the register so it would know what needed to be re-ordered. Power and banks and all the other crap can be annoying at times. Now along with power outages, it's the card reader is not working you need to pay with cash, sorry we don't accept checks because the bank charges us a fee to cash them then holds the money for 5 days until the check clears. I grow weary at times of all the excuses people make for banks and credit unions.

They are what we have and they are hell on earth.