Comment Re:CurrentC doesn't have competitors (Score 1) 265
> The credit card companies and issuing banks can see every transaction, thus, they have the capability to create a very sophisticated anti-fraud system. They could easily identify a pattern indicating fraud
You mean like American Express.
The strange (don't even know what to call them) shills like to whine about AMEX fees but they are actually rather diligent when it comes to trying to detect fraudulent spending patterns.
Merchant accounts are "such a burden" that even single person operations can manage to accept the major credit cards.