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And yet interchange rates in Europe are capped at around 0.2%. 2% is still a lot of money.
by dhdhhdd 5y ago
And yet interchange rates in Europe are capped at around 0.2%. 2% is still a lot of money.
- ocdtrekkie 5y agoIt does stack up, but if the cost was too high, many businesses wouldn't work with the credit processors. Amex is an example of this. There's payment options that avoid this retailers could incentivize. And Apple and Google charge 15 times that because there's no way around them.