The Picard Maneuver@lemmy.world to Microblog Memes@lemmy.worldEnglish · 10 months agoThe numbers will determine your fatelemmy.worldimagemessage-square286fedilinkarrow-up11.64Karrow-down128
arrow-up11.61Karrow-down1imageThe numbers will determine your fatelemmy.worldThe Picard Maneuver@lemmy.world to Microblog Memes@lemmy.worldEnglish · 10 months agomessage-square286fedilink
minus-squareSeptimaeus@infosec.publinkfedilinkEnglisharrow-up2·10 months agoTrue! Fed data corroborates this, and it appears the gap has only widened since. (Image from 2022 CC profitability report) So I was wrong. Thank you for the heads up. I’ll correct it shortly.
minus-squared00ery@lemmy.worldlinkfedilinkEnglisharrow-up1·10 months agoInteresting to see that this has only changed, fairly (last 2 - 6 years), recently and the profit from merchant vs interest fees has pretty much flipped!
True! Fed data corroborates this, and it appears the gap has only widened since.
(Image from 2022 CC profitability report)
So I was wrong. Thank you for the heads up. I’ll correct it shortly.
Interesting to see that this has only changed, fairly (last 2 - 6 years), recently and the profit from merchant vs interest fees has pretty much flipped!