Sentences with phrase «generating swipe fees»
Its generally affluent cardholders charge big - dollar transactions, generating swipe fees that merchants pay.
https://www.creditcards.com/ Not exact matches
In the case of American Express, their business model is based around generating income from swipe fees, not interest.
Banks are also hoping you'll use your co-branded airline card as much as possible to generate merchant fees, which earn the bank money with each swipe you make.
Banks must love the swipe fees they generate because a lot of the best offers we've seen lately have been for business cards.