3 ms·
Risk is almost always borne by the merchant or the bank, never the processor.
by potamic 4y ago
Risk is almost always borne by the merchant or the bank, never the processor.
- crazygringo 4y agoBut only a small portion of the interchange fee goes to the credit card processor. Most of it goes to the bank. How else do you think credit cards are able to do things like pay 2% rewards? So the argument still holds. Banks hold more risk on larger transactions.