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A comment on Payment gateways for startups: a guide for founders. Parent comment

Re:Payment gateways for startups: a guide for founders by icedchai on Wednesday May 01, 2019 @06:37PM (#19802367)
Most Americans are also financially illiterate. For every day purchases (not cash advances), it is always better to use a credit card that offers rewards points... as long as you plan on paying off your full balance every month. It's free money, period.
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Re:Payment gateways for startups: a guide for founders by awad on Wednesday May 01, 2019 @07:28PM (#19802711)
That's something only the minority of the population does, though.

"...average individual credit card debt stands at $5,331 in 2019. Additionally, on a monthly basis, most Americans don't pay their credit card balance in full every month - 55% don't regularly pay in full."

https://www.thestreet.com/personal-finance/credit-cards/aver...

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Re:Payment gateways for startups: a guide for founders by masonic on Thursday May 02, 2019 @05:23PM (#19813112)
Forgive me if I don't take a blog quoting "CreditDonkey.com" as its only source very seriously on this.
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Re:Payment gateways for startups: a guide for founders by woah on Thursday May 02, 2019 @11:46AM (#19809141)
It’s like the mirror image of gambling. You get a little money constantly and if you are (un)lucky, you lose a lot. I’m not really interested in playing someone’s rigged financial game for chump change.
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Re:Payment gateways for startups: a guide for founders by icedchai on Thursday May 02, 2019 @11:54AM (#19809250)
Not really. Assuming you never over extend yourself by spending more than you have, you never lose anything.
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