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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

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