3 ms·
If their processing service is cheaper and better than cash services (Brinks etc), then the 2% cash back is more like paying customers for the aggregate data co
by basch 7y ago
If their processing service is cheaper and better than cash services (Brinks etc), then the 2% cash back is more like paying customers for the aggregate data collection. Visa gets paid to replace cash processing, and pays out for consumers providing shopping data.