skeptical_dog
Re:Ever wonder why plumbers are paid so much? Peek into the world of p...
on Sunday November 27, 2022 @10:54AM (#33763732)
The english word, too, is derived from the Latin for lead: plumbum.
Re:EU says Apple’s App Store breaks competition rules after Spotify co...
on Friday April 30, 2021 @12:14PM (#26995377)
The cost to the issuer is proportional to the size of the purchase in the case of credit default or fraud. So a fixed fee does not make sense for loans. This isn't the case for the App Store.
BTW, Visa/MasterCard don't manage risk afaik -- the card issuing banks do that. Visa just connects the pos terminal etc to the right bank.