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713 points freedomben | 1 comments | | HN request time: 0.211s | source
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egypturnash ◴[] No.44611013[source]
Okay so is Steam enough of a money printer for Valve to say "well fuck you guys, we'll make our own credit card with hookers and bingo"? And hold out Half-Life 3 (only purchasable with the ValveCard) as a carrot?
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0cf8612b2e1e ◴[] No.44611095[source]
I am genuinely curious who can actually threaten Visa (I do not think it is Valve).

Amazon, Walmart, Target and then increasingly unsure.

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nipponese ◴[] No.44611126[source]
Likely Apple currently has the deepest finance industry roots.
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1. xyst ◴[] No.44611201[source]
If you consider the minutiae of percentage apple shaves off transactions with Apple Pay. Sure.

But they have partnered with GS and MC. Far from any sort of "finance industry roots".

They essentially offer a fancy UI on top of GS products and other traditional banks.

Apple Cash -> Green Dot or some other no name bank

Apple Card -> Goldman Sachs

Apple Pay -> some very small percentage of the bank and network fees charged to merchants