FlyerTalk Forums - View Single Post - "Costco to Pay Almost Zero to Accept Credit Cards" MSing revolution?
Old Apr 19, 2015 | 1:31 pm
  #24  
prasha11
 
Join Date: Feb 2012
Location: Los Angles
Posts: 2,101
Originally Posted by Stoughton
This is not what's happening
what's happening? Which other CC is accepted at Costco?
Originally Posted by Alcibiades
Why would CITI introduce a payment method which does not have the capability of earning any interest ?
Accounts paying Interest are higher default risk, prepaid accounts '0' risk. You mean BB and RB is not making any money because not earning any interest?
Originally Posted by Alcibiades
lower swipes fees will be a wash for merchants since prices and margins will have to equally decrease
what? pl. explain what u mean...
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