‘Startup Takes Aim at Credit Card Companies by Eliminating Transaction Fees’ – ‘ReadWriteWeb’

The latest post on ‘ReadWriteWeb’ is titled “Startup Takes Aim at Credit Card Companies by Eliminating Transaction Fees”.

Dan Rowinski says, “One of the basic tenets of the modern financial system is that it takes money to move money. In its most basic form, that means that when you make a transaction with your debit or credit card, the processing companies, such as MasterCard, Visa or American Express, are taking some of that money for themselves – usually between 1.5% to 3%, depending on the type of transaction”.

Startup Takes Aim at Credit Card Companies by Eliminating Transaction Fees

ReadWriteWeb