Why Stores Lose $3 Every Time You Tap

Here are interchange fees explained: why stores lose up to $3 every time you tap your card. We break down the exact math behind swipe fees and trace where every cent of your purchase actually ends up. When you spend $100 on a credit card, the merchant often keeps only $97. This video breaks down how credit card swipe fees work across issuing banks, payment networks, and processors, showing who gets credit card processing fees on every tap. Chapters: 0:00 The Missing Three Dollars 1:49 The Four-Party Machine 3:29 Carving Up the Cut 5:29 The Network Tollbooth 7:21 The Premium Card Tax 9:19 The Micro-Transaction Trap 11:05 The Surcharge Wave 14:27 The Frictionless Tradeoff You might also enjoy: @borderlineeconomics-z7b — The world economy, explained one border at a time Narration/visuals partly AI-assisted. #InterchangeFees #SwipeFees #BankingMath #CreditCards