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A comment on A brief history of credit cards. Parent comment
AMEX of course earns a bit more due to the nature of a three party scheme.
Edit: 0.02% - 0.05% of the transaction is usually the scheme fee that goes to Visa/MasterCard.
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AMEX of course earns a bit more due to the nature of a three party scheme.
Edit: 0.02% - 0.05% of the transaction is usually the scheme fee that goes to Visa/MasterCard.