Card Payments

topic on 2 shows · 2 statements across 2 episodes

Invest Like the Best the a16z Podcast

2 statements about Card Payments, every show

Atiyeh: US card fees fund consumer rewards, not Visa's cut
“A big misconception is that the reason payments are maybe more expensive than some merchants would like them to be online is because visa takes such a big cut. That's not true at all. One of the reasons that maybe payments, card payments might be a little bit …”
Karim Atiyeh Oct 21, 2025 ▶ 1:31:22 The Anatomy of Ramp's Hyper-Growth | Karim Atiyeh Interview · Invest Like The Best
a16z Prediction Not checkable as stated
Käärmann: Future payment processing fees will drop far below 49 bps
“You can't really imagine the future of payments costing even 49 basis points. It doesn't, just doesn't make sense. You know exactly how, if you know how payments, card payments work, you know, electrons go from the terminal or one web browser through the gatew…”
Kristo Käärmann Jan 2, 2019 ▶ 16:23 a16z Podcast | The Future of Money and Monetization

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