3 ms·
Imagine if you ran a $1B/year business with 10% profit margins and 20% of your customers only have one credit card, a Visa. Profit before Visa is $100M, profit
by cycrutchfield 8y ago
Imagine if you ran a $1B/year business with 10% profit margins and 20% of your customers only have one credit card, a Visa.
Profit before Visa is $100M, profit after Visa is $80M.
- deleted 8y ago[deleted]
- Dwolb 8y agoI’m not sure I fully understand the point. Is it that people won’t shop at a store if Visa isn’t accepted? If so, I agree that is one of many additional factors in the overall negotiations.