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Re: SSL challenge -- broken !
Michael Froomkin writes:
> On Fri, 18 Aug 1995, Perry E. Metzger wrote:
> > > The credit card market has thin margins? That's news to me.
> > Its true. The issuers often end up making most of their money for a
> actually the NYT reported this week that banks make super-profits on
> credit cards. economists are not sure why the margins are about 3 times
> that of other lines of biz.
The overall business is very profitable. The margins on transactions
are very thin.