Why Are We All Paying A Tax To Credit Card Companies?


Why Are We All Paying A Tax To Credit Card Companies?
Visa made $10.3 billion in profits in 2018. Mastercard took in $5.9 billion. Why on earth are credit cards making so much money? Are the services they provide worth tens of billions? And why aren't debit cards, which function almost identically to credit cards, equally profitable?

August 12, 2019 at 12:54PM
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