Re:Forget Google, time to end the Visa-MasterCard duopoly
by Nasrudith on Monday June 29, 2020 @07:13PM
(#23684548)
So formula wise it would be something like this?
d = dollars
t = transactions count
I(d,t) = Interchange total profit/cost to a bank from fees in and out
F(d) = scaling function for interchange returns based on cash pushed through as an arbitrary function
G(t) = transaction cost function based upon arbitrary scaling.
d = dollars t = transactions count
I(d,t) = Interchange total profit/cost to a bank from fees in and out F(d) = scaling function for interchange returns based on cash pushed through as an arbitrary function G(t) = transaction cost function based upon arbitrary scaling.
I(d,t) =F(d) - G(t)