MasterCard to open up network to cryptocurrencies

Re:MasterCard to open up network to cryptocurrencies by michaelmrose on Thursday February 11, 2021 @09:03PM (#26110013)

If your credit card gives you 1% back but charges walmart 2% and walmart takes this 2% into account when setting their prices then you aren't getting paid to use your credit card you are paying 1%.

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Re:MasterCard to open up network to cryptocurrencies by kristianp on Thursday February 11, 2021 @11:11PM (#26110655)

Are you talking about flyer miles when you say the card gives you 1% back? (I'm not in the USA, so I might not know what you're referring to)

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Re:MasterCard to open up network to cryptocurrencies by gpanders on Friday February 12, 2021 @12:22AM (#26110985)

Many credit cards literally give cash back (in the form of a statement credit).

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