Card Issuers
topic on 1 show · 1 statements across 1 episodes
1 statements about Card Issuers, every show
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.”