Comment by baxtr 5 months ago So in essence the merchant pays with my data? 21 comments baxtr Reply conductr 5 months ago In theory you’re already paying the merchant fee in the “price”. So merchant found a way to improve margins and credit card companies found a new revenue source bredren 5 months ago Yes, though people also welcome the extra cash back or other card benefits.Apple Card does not sell this data, IIRC. But offers a lower cash back than many other cards. Terretta 5 months ago True, while Google sees roughly 85% of all American cardholder swipes and doesn't need to sell it since they're making the ad market... fragmede 5 months ago > while Google sees roughly 85% of all American cardholder swipeI'm probably not reading this properly, can you say that a different way? 3 replies → andrepd 5 months ago How on earth is this legal 12 replies → liontwist 5 months ago This is the real reason why they can afford to give you cash back.
conductr 5 months ago In theory you’re already paying the merchant fee in the “price”. So merchant found a way to improve margins and credit card companies found a new revenue source
bredren 5 months ago Yes, though people also welcome the extra cash back or other card benefits.Apple Card does not sell this data, IIRC. But offers a lower cash back than many other cards. Terretta 5 months ago True, while Google sees roughly 85% of all American cardholder swipes and doesn't need to sell it since they're making the ad market... fragmede 5 months ago > while Google sees roughly 85% of all American cardholder swipeI'm probably not reading this properly, can you say that a different way? 3 replies → andrepd 5 months ago How on earth is this legal 12 replies →
Terretta 5 months ago True, while Google sees roughly 85% of all American cardholder swipes and doesn't need to sell it since they're making the ad market... fragmede 5 months ago > while Google sees roughly 85% of all American cardholder swipeI'm probably not reading this properly, can you say that a different way? 3 replies → andrepd 5 months ago How on earth is this legal 12 replies →
fragmede 5 months ago > while Google sees roughly 85% of all American cardholder swipeI'm probably not reading this properly, can you say that a different way? 3 replies →
In theory you’re already paying the merchant fee in the “price”. So merchant found a way to improve margins and credit card companies found a new revenue source
Yes, though people also welcome the extra cash back or other card benefits.
Apple Card does not sell this data, IIRC. But offers a lower cash back than many other cards.
True, while Google sees roughly 85% of all American cardholder swipes and doesn't need to sell it since they're making the ad market...
> while Google sees roughly 85% of all American cardholder swipe
I'm probably not reading this properly, can you say that a different way?
3 replies →
How on earth is this legal
12 replies →
This is the real reason why they can afford to give you cash back.