| theprof00 said: Actually, I was the one that explained that to him. However, I also countered, and he agreed, that the majority way to buy points currently is to buy cards. In the future, this won't change much. It's the same reason why when you buy a game on PSN, it offers you to just purchase in 20$, 50$, etc, along with the direct game cost. While it is 3-7%, it's 3-7% on less than half the revenue stream, as retail based cards are greater than 50% of where points come from, and according to adinnieken, they are now cutting retailers margins out. So, on 50% (conservatively) they will lose 3-7% (probably closer to 3% as high volume corporations tend to get much much lower rates per swipe), and on the other 50%, they will be making an extra 25% on the new found margin. |
Sorry didnt read the whole thread. CC fees just piss me off. As far as I know there is no way around the per swipe fee, even if the charge is held, they still have to verify the card at the time of purchase. As far as I know. If you have info otherwise I am open to reading it. I didn't really bother with the rest of the stuff in the post sorry. I was only interested in the credit card processing part of it.
