Re:Credit cards have a privacy problem
by bsder on Tuesday August 27, 2019 @12:03AM
(#20806241)
The merchants have to pay a percentage.
So, by encouraging the use of credit cards for smaller and smaller transactions, the credit card companies take a bigger and bigger bite from the merchant.
That's all on top of any annual fees and interest charges that the credit card companies hit the customer with.
So, by encouraging the use of credit cards for smaller and smaller transactions, the credit card companies take a bigger and bigger bite from the merchant.
That's all on top of any annual fees and interest charges that the credit card companies hit the customer with.