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It would be a lot less money, but issuers would make money off of credit cards even if every single person in the world paid their bill in full every month. The
by plorkyeran 2y ago
It would be a lot less money, but issuers would make money off of credit cards even if every single person in the world paid their bill in full every month. They would distinctly not be bankrupt.
- lxgr 2y agoThey could probably adapt, but they'd have to really streamline their operations. I doubt there would be as many paper ads in the mail, airport lounges, bonus cashback categories etc.