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Right. What Groupon did is as if PayPal recorded the entire amount of each transaction as revenue, rather than just PayPal's fee slice. It's kind of technical
by T-hawk 15y ago
Right. What Groupon did is as if PayPal recorded the entire amount of each transaction as revenue, rather than just PayPal's fee slice. It's kind of technically true since Groupon/PayPal does take possession of the money, but it's not revenue in any meaningful sense.