Bain & Company – NFC World https://www.nfcworld.com News and analysis on the emerging technologies transforming how consumers choose what to buy, who to buy from, and how to pay Thu, 21 Mar 2019 14:05:44 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.1 https://www.nfcworld.com/wp-content/uploads/2016/02/cropped-nfc-world-site-icon-32x32.png Bain & Company – NFC World https://www.nfcworld.com 32 32 37289602 Bain & Co explains how a Bank of Amazon could save the retailer $250m a year in interchange fees https://www.nfcworld.com/2018/03/09/356659/bain-explains-how-a-bank-of-amazon-could-save-the-retailer-250m-a-year-in-interchange-fees/ Fri, 09 Mar 2018 14:29:21 +0000 http://www.nfcworld.com/?p=56659 “Amazon could avoid more than a quarter of a billion dollars in annual interchange fees in the US alone. This estimate is based on three assumptions: Amazon achieves the bank account penetration our consumer research suggests; 15% of its e-commerce customers pay directly from their Amazon bank account instead of through a credit card; and […]

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