@thingside: Credit card processing fees don't necessarily go to just one company. A common U.S. credit card payment involves the card issuer, the network, and the services that let the shop accept your payment. The $20 purchase and $0.50 fee are illustrative, not a universal rate. Actual fees vary, and companies can combine roles. Watch the full episode on Thingside's YouTube page: You Pay $20. The Store Keeps Less. Sources: GAO's Payment Cards report (2025), Visa USA's interchange explanation, Stripe's interchange-plus guide, and Square's payment acceptance guide. #CardPayments #BusinessExplained

1136

There are no more comments for this video.

To see more videos from user @thingside, please go to the Tikwm homepage.