credit card networks

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jan 2, 2019 by Alex Rampell · across every show →

Everything said about credit card networks, oldest first

Jan 2, 2019 positive
Insight
Rampell: Credit card network moats are reinforced by high consumer rewards
“Well, the interesting thing there is that it's kind of a double moat that protects them, because not only do they have a network effect, but they also have this bizarre incentive where if a 2.5% fee is being charged to the merchant, well, the consumer is being…”
Alex Rampell Jan 2, 2019 ▶ 13:31 a16z Podcast | The Evolution of Payments
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