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blasphemers

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What payment provider is allowing payments without accessing the customers current funds? With a CC, you can charge $1000 with only $100 in your bank account. That is not something you can do with ACH, check, cash, etc. Pay Now Pay Later providers like Affirm would also allow this, but I'm not sure what that looks like from a merchant POV

Visa/MasterCard are essentially a network of banks, they only get a small percentage of the interchange rate. Most of it goes to the issuing bank which they use for rewards.

This line of thinking also ignores an important aspect of credit cards that benefit the merchant. 2-2.5% is not that much when it means you can sell to people without worrying about if they can pay for it. When that customer ultimately doesn't pay their CC bill(look at how high CC debt is), the issuing bank still needs to pay the merchant.

Besides a complete stranglehold on labor markets in a number of industries where the government is required to use union labor for infrastructure projects and they limit the number of laborers to drive up price. Or how about the Plumbers union that forced the city of Chicago to continue installing lead pipes until the federal government had to force them to stop. Beyond that, the power to promote good workers or make necessary changes across the org. For example, why doesn't Chicago have any driver-less trains and a conductor shortage? The unions are preventing both.

Chicago unions forced the installation of lead pipes for so long because of the higher labor cost of installation that the federal government had to step in and force them to stop installing lead pipes.

Payment Gateways don't actually process payments, they are built on top of payment processors and can only process payments if the underlying processor is willing to. You need to find a processor that supports your risk profile and they will generally have a white labeled gateway or integrations with gateways where you can bring your own merchant account.