credit card industry
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Feb 23, 2026 by Jim McKelvey · across every show →
Everything said about credit card industry, oldest first
Feb 23, 2026 negative
Pre-Square, merchants under $100K in revenue were barred from processing cards
“Basically, if you didn't have a 100,000 dollars of business, You would not take credit cards. That was sort of the cutoff. Because it was too expensive. You had to have a sponsoring bank. You had to have a certain level of accounting. You had to have a physica…”