interchange

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 20, 2025 by Eric Glyman · across every show →

Everything said about interchange, oldest first

Aug 20, 2025 neutral

Assertion Partly supported

Stripe and Square net just 0.1% to 0.5% per card transaction.

“At the very end of the day, they might keep, you know, it varies anywhere from like .1 to .5% is ultimately their net take, but the gross is much higher because they're collecting.”

Eric Glyman Aug 20, 2025 ▶ 5:17 I built a billion dollar company in 18 months

Aug 20, 2025 neutral

Insight

Glyman: Card issuers keep most interchange because they absorb credit default risk

“And so the issuer in interchange is traditionally keeping most of that interchange. And the reasons actually makes sense when you think about it, you know, especially in credit, they're taking on the risk. They're saying that merchant, we will pay you know, ev…”

Eric Glyman Aug 20, 2025 ▶ 6:12 I built a billion dollar company in 18 months

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interchange

Everything said about interchange, oldest first

Turn any episode into a week of clips.