How does CIBC make money from its credit cards? - Sports Handicapping Forum

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How does CIBC make money from its credit cards?

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03-12-2009, 12:11 PM

Mastamind

Mastamind is offline

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How does CIBC make money from its credit cards?

They are introducing this new product "mobile wallets" which would allow you to use credit card from your cell phone.

I am just wondering whether CIBC would take on this investment risk, or would VISA?

how would VISA make money from this, and how would CIBC??

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