← Back to context Comment by baxtr 10 months ago So in essence the merchant pays with my data? 21 comments baxtr Reply conductr 10 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 10 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 10 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 10 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 10 months ago How on earth is this legal 12 replies → liontwist 10 months ago This is the real reason why they can afford to give you cash back.
conductr 10 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 10 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 10 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 10 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 10 months ago How on earth is this legal 12 replies →
Terretta 10 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 10 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 10 months ago How on earth is this legal 12 replies →
fragmede 10 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.