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Posts Tagged ‘credit cards economics’

14
OCT
2009

New Credit Card Economics

Posted in Blog, Industry Topics by Patrick W. Diemer
Tags: ,

Patrick W. Diemer, Managing Director & Chairman of the Executive Board, AirPlus International

Patrick W. Diemer, Managing Director & Chairman of the Executive Board, AirPlus International

As the managing director for a leading corporate payment provider, I have an opinion about credit card economics that might surprise you. Most of the discussion in the media and amongst corporate customers today focuses on what (and how) the airlines are doing to pass along card fees. However, a fair debate on this subject would require an understanding of why? Now more than ever, airlines are looking for areas to save costs. So it’s logical that distribution and payment would be a part of this savings equation.


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