What is the revenue model for credit cards business?

Question:

Answer:
Credit card companies generate revenue from many different sources including:
1) Interest on credit card balances
2) Fees for late/missed payments, over-the-limit fees, and various other such fees
3) ATM fees
4) Transaction fees: They charge businesses every time the business conducts a credit card sale
5) Advertising revenues: They send out monthly statements and additional information to each card holder, these correspondences often have advertisements.
6) Annual fees

---

More Related Questions & Answers...

How do I make a black mask out of my business cards so....?

Where can I get a picture of a windshield or an outline of a windshield to print on a business card?

Can anyone recommend where I can buy good-quality business cards online?

Is there a web site that I can go to where business would leave there electronic business cards?

How do an online business create online credit card transaction service for consumer's purchase?

What should I put on my business card? (Read more info)?

I want a loan to make money. Small business loans/credit cards for ppl with bad credit? Exponential growth?

How do u set upm your computer to print business cards?

How do I make business card templates on Microsoft Word?

What is the best website to get business cards made?