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by arfrank
3227 days ago
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Amazon is 4 in every $10 spent online in the US. They have a scale similar to Costco/WM who only got deals for/to break exclusivity. Amazon pays less than 2%, much less depending on card type. Manages fraud to about 6BPS on transactional basis. But the concept of the running a CC is not out of the question, but the economics/complexity don't align yet... |
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