HI, can anyone from curve or from this community tell me how curve actually gets paid when a user uses the cashback function and how much profit is there going to curve as say a percentage?
Curve (every card issuer) earns money from every card transaction (Interchange fee/Acquiring fee). Its round about 0,4% of the transaction value but it can increase/decrease depends on the card network and type.
(Source: Press corner | European Commission)
“This introductory offer is in addition to any other rewards or cashback programme offered to you by Curve.”
“Curve is funding the Curve Cash programme, and we’re not affiliated with any merchants listed.”