2 ms·
Hah yeah I worked in payments at once of the card processors, this happened every year like clockwork. 1-2 months just down the drain because everyone running a
by zhivota 4y ago
Hah yeah I worked in payments at once of the card processors, this happened every year like clockwork. 1-2 months just down the drain because everyone running around gossiping or sitting at their desk in terror.
It was such a joke, but I used to be of the belief that the card processors were so incredibly profitable, that they had to actually waste money to not be targeted by regulators too much (which monitored their profit levels to determine if they wanted to impose lower card fee rates). So these kinds of things were actually healthy for the business, along with insane travel and entertainment budgets - I used to routinely spend >$10,000 on plane flights back to HQ from Asia.