Re:Site requests bank logins for online purchases
by callalex on Wednesday November 16, 2016 @11:35PM
(#12974308)
What a perverted system of middlemen who provide no value to the economy.
Re:Site requests bank logins for online purchases
by morgante on Wednesday November 16, 2016 @11:42PM
(#12974351)
Yea! Except for providing seamless global payments, distributed credit provisioning, fraud protection, rewards, travel benefits, purchase insurance, what have credit cards ever done for the economy?!
That being said, if you play it right you can actually make far more in rewards than the merchants paid. There's a whole subculture devoted to it: I routinely earn around 4-5% back, to the point that I prefer to pay my taxes via credit card even with the surcharge.