interest payments
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 27, 2023 by Ben Gilbert · across every show →
Everything said about interest payments, oldest first
Nov 27, 2023 neutral
Card issuers make most revenue from interest rather than interchange fees
“The money that card issuers make Only a minority of it is actually from the interchange. And keep in mind, the card issuers are the ones that make that 1.6%, the bulk of the transaction. Most of the money that card issuers make is from interest payments.”