#money2020 MCX created a false dichotomy against Apple Pay. The real issue is ACH cash vs. pay-it-later credit. No credit = < customers.
@__JasonMarshall true. MCX is not promoting credit, they are about ACH cash. Big tkt at WalMart is > $200 /item. Data suggests this is ~20%
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@BrianRoemmele Fed Study - the trans volume in payment is <$100 http://goo.gl/QclORa pic.twitter.com/dJfbdBXXQI
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@__JasonMarshall Great data. The higher profits are statically derived from transactions >$50. Why the milk is in the back of the store. - 2 more replies
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