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Podcast Episode: Who's swiping from who when you swipe your credit card?Back to Podcast
Who's swiping from who when you swipe your credit card?
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15 Sep 2016 American consumers swiped their credit cards 25.4 billion times in 2012, buying over $2.4 trillion worth of groceries, gas and tv sets. The credit card companies and the banks charged on average $1.62 on each swipe producing billions in revenue. Where’s does that money really go? and how is it affecting our economy? Tom Herriman reports on the hidden costs of paying with plastic. (07:53 Minutes) Download (3.61 MB)
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© 2025 Tom Herriman
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