Retailers Don’t Like Paying the Fees for Your Apple Card
Premium plastic has become a flashpoint in negotiations between the country’s largest stores and the Visa and Mastercard networks.
““It’s almost like an arms race of who can offer the most rewards,” says Chris Ligan, vice president for acquisitions at Auric, which has seen use of premium cards climb 7% this year. “The person stuck with the bill is the merchant.”
Read the entire Bloomberg article here.
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