The issue is in the UK we passed a law that "banned credit card charges", but what it actually did was ban discounts for alternate payment methods, meaning everyone has to pay the credit card fees, even if you pay cash. (this was the effect, you can still offer discounts, but the base CC fee legally needs to be baked in first.)

This will mean, its harder for competing payment services to function. And its easier for the big credit card companies to up the % they charge without the public noticing, or blaming them directly.

It was fascinating watching the media coverage, twisting themselves in knots to miss these points while cheering how we were 'standing up to the big cc companies', it was actually quite cringe-worthy at times.