Comment Comment by unglaublich CC companies are genius.They charge companies 3% -> companies embed that 3% in their prices -> customers get a 1% refund from CC companies.- If you do NOT use a CC, you effectively pay _more for CC users_ (3%!).- CC companies make the customer feel like they have a benefit, while in fact, they are net payers too (2%).- They have access to all (private) data of the customer, which is extremely powerful in this age and time. parent unglaublich 3 years ago
They charge companies 3% -> companies embed that 3% in their prices -> customers get a 1% refund from CC companies.
- If you do NOT use a CC, you effectively pay _more for CC users_ (3%!).
- CC companies make the customer feel like they have a benefit, while in fact, they are net payers too (2%).
- They have access to all (private) data of the customer, which is extremely powerful in this age and time.