Ask HN: Payment processors becoming card networks?

9 points by 005 ↗ HN
What's the reason we don't see more card networks besides VISA and Mastercard? Specifically large processors must have some incentive to further reduce their fees?

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India is pushing forth RuPay network as an alternative. Then again goverments across the world treat crypto like some smuggler when real world cash has & is used for every other fraudulent & illegal activity.

While the whole premise of crypto was to have a publicly accessible ledger & central banks are somewhere averse to this notion for some reason?