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Re:Google Wallet Users Can Sign Up Now for Physical Cards by statusgraph on Wednesday November 20, 2013 @03:46PM (#6771057)
Credit cards charge merchants for their loyalty programs. They do make money from carried balances, but that's not how reward programs are funded.
Re:Google Wallet Users Can Sign Up Now for Physical Cards by aiiane on Wednesday November 20, 2013 @04:02PM (#6771155)
Regardless, the point is that credit cards make money off of each transaction, even if the consumer doesn't see a per-transaction fee.