Comment Comment by tiffanyh I am reading so much incorrect information in this thread it’s maddening.The card network (Visa, Mastercard, etc) do NOT make money on Interchange.It’s hard to have a healthy dialogue on this topic if folks don’t understand the basics of how the card networks generate revenue.Below is a decent primer.https://www.investopedia.com/articles/markets/032615/how-mas... parent tiffanyh 6 years ago
The card network (Visa, Mastercard, etc) do NOT make money on Interchange.
It’s hard to have a healthy dialogue on this topic if folks don’t understand the basics of how the card networks generate revenue.
Below is a decent primer.
https://www.investopedia.com/articles/markets/032615/how-mas...