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86 While individuals may disagree concerning what is a “major source” of
revenue for issuers, the proportion from interchange fees has been rising in
recent years, likely because convenience use of credit cards has been rising
relative to card ...
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This growth in interchange revenues also reflects an evolution in the usage of
credit cards over the past decade. Interchange fees are the primary means by
which card issuers generate revenues from transactional users who pay their
bills in full each month and ... they would have carried had they stayed with the
original card.95 Despite their benefits as sources of pricing information, evidence
suggests ...