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A comment on Stripe to move to South San Francisco. Parent comment

Re:Stripe to move to South San Francisco by AdieuToLogic on Thursday October 24, 2019 @11:03AM (#21345347)
> > Again, issuer costs have no bearing on Merchant fees nor the profitability of processors.

> If this is true, then where does the cash back come from if not as a cut of the merchant fees?

Interest rates + membership fees charged by issuers to Card Holders.

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Re:Stripe to move to South San Francisco by rstupek on Thursday October 24, 2019 @01:01PM (#21346581)
I don't think that is correct. Merchants are charged different rates based on the cash back rates of a given card. Merchants have to eat most of that cash back being given to the card holders.
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