Comment Comment by gruez >It charges too much, [...] so the 2% extra charge is almost like a tax on the American economy charged by the credit cards.they seem to have forgotten about europe where they have the same credit card networks, but capped interchange fees to around 0.3%.>[...] So I think this is creating a huge amount of data that will help AI.This already happens to an extent in the US. Your credit card transactions are sold to data brokers for analytics/market research purposes. parent gruez 6 years ago
they seem to have forgotten about europe where they have the same credit card networks, but capped interchange fees to around 0.3%.
>[...] So I think this is creating a huge amount of data that will help AI.
This already happens to an extent in the US. Your credit card transactions are sold to data brokers for analytics/market research purposes.