TreeCard: The wooden debit card that plants trees
1–10 of 102 posts
Re: TreeCard: The wooden debit card that plants trees
#2Love the design but debit cards always feel a bit dicey to use.
Re: TreeCard: The wooden debit card that plants trees
#3Love the design but debit cards always feel a bit dicey to use.
Why dicey?
Re: TreeCard: The wooden debit card that plants trees
#4Love the design but debit cards always feel a bit dicey to use.
Yeah looks great but a combined credit or debit card would be better.
Re: TreeCard: The wooden debit card that plants trees
#5Re: TreeCard: The wooden debit card that plants trees
#6Re: TreeCard: The wooden debit card that plants trees
#7I waited for this for long but never hear back.
Re: TreeCard: The wooden debit card that plants trees
#8How it works:
> No. Zero fees. TreeCard will be 100% free to use.
> Every time you use your TreeCard, Mastercard processes the transaction and charges merchants (online and physical stores) a small fee. This is a standard fee paid by all merchants to1 accept card payments. We'll use that fee to plant trees.
I'm confused though. Surely this fee Mastercard charges goes to Mastercard, not the card company?
Re: TreeCard: The wooden debit card that plants trees
#9How it works: > No. Zero fees. TreeCard will be 100% free to use. > Every time you use your TreeCard, Mastercard processes the transaction and charges merchants (online and physical stores) a small fee. This is a standard fee paid by all merchants to1 accept card payments. We'll use that fee to plant trees. I'm confused though. Surely this fee Mastercard charges goes to Mastercard, not the card company? https://www.t…
How do you think card companies make money at the moment?
In exactly the same way - you buy something, the merchant is charged a fee, the payment provider takes a cut, the card company gets a cut. Sometimes they pass some of this cut on to the customer as well (the cashbacks and rewards.)
Re: TreeCard: The wooden debit card that plants trees
#10How it works: > No. Zero fees. TreeCard will be 100% free to use. > Every time you use your TreeCard, Mastercard processes the transaction and charges merchants (online and physical stores) a small fee. This is a standard fee paid by all merchants to1 accept card payments. We'll use that fee to plant trees. I'm confused though. Surely this fee Mastercard charges goes to Mastercard, not the card company? https://www.t…
It probably works similar to an affiliate program but for credit/debit cards. I'd imagine that Mastercard benefits from Treecard encouraging their members/customers to make purchases using Mastercard's network.