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Author: caromero1965 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2323  
Subject: Re: Mastercard doesn't work on Delta and Air Can Date: 1/17/2011 3:23 AM
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Mastercard are in the "loan business". They make money on both ends of any tranaction but they make a killing on overdue accounts. Providing service is an expense not measurably related to revenue.

I don't think Mastercard makes money on the lending, just on the transactions. The banks who back your card make the money on the overdue accounts.
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