Truly believe that most crypto credit cards don’t know how to make money. It’s about owning the underlying yield engine because you have to split the interchange with Rain or Reap. IMO @ether_fi gets it best.
People think BNPL is “too good to be true” only because they don’t realize HOW INSANELY profitable U.S. credit cards are: Merchants pay ~2%. Revolving users add ~2.5%. A $100 transaction actually costs $5.50 🤯 So yes you can offer something nicer and still make money...
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