Yes. As a merchant it's pretty cool that the money just shows up and I don't hav... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

9cb14c1ec0 15 days ago | parent | context | favorite | on: What do Visa and Mastercard do? An intro to card n...

Yes. As a merchant it's pretty cool that the money just shows up and I don't have to chase down as much bad debt. The processing costs easily pay for themselves.

kiririn7 15 days ago [–]

unfortunately those processing costs actually dont need to exist.(or atleast should be 10x smaller)

9cb14c1ec0 15 days ago | [–]

A lot of people would be really mad if their card rewards disappeared.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact