[dylan604]

>About 15-30 bps go to the card networks

Sorry, I'm not familiar with 'bps' in this context. Techie me read that with no pause as 15-30 bits per second, and then had to slow down as that did not make sense within context.

[stephenhuey]

BPS = basis points

A basis point is a hundredth of one percent:

0.0001