It’s probably less now though because we’ve seen a macro shift to debit from credit this year, which are cheaper to process and have much lower interchange fees, so processors that charge a fixed fee are keeping more of…
Outsourcing KYC is a questionable decision though - I’m wondering how much of a black box that is or you get the same info as if you implemented it yourself. There’s always false negatives for systems like this, and if…
I think there’s going to be some reckoning in the payments industry in general, though, in the next 5-10 years. Covid has forced more businesses to go cashless and pay the 3% payment transaction toll, which is a hidden…
It’s probably less now though because we’ve seen a macro shift to debit from credit this year, which are cheaper to process and have much lower interchange fees, so processors that charge a fixed fee are keeping more of…
Outsourcing KYC is a questionable decision though - I’m wondering how much of a black box that is or you get the same info as if you implemented it yourself. There’s always false negatives for systems like this, and if…
I think there’s going to be some reckoning in the payments industry in general, though, in the next 5-10 years. Covid has forced more businesses to go cashless and pay the 3% payment transaction toll, which is a hidden…