"Infini Founder Christian: Deconstructing the Underlying Business Model of Crypto Card Issuance" (Author @Christianeth)


Fintech Card Issuance Chain, Cashback Ranges, and Costs:
In the United States, physical cards typically offer a net cashback of 1%-1.2%, with regional differences; virtual cards and credit conditions vary greatly.
High cashback is often funded by burning money through subsidies; entrepreneurs need to evaluate compliance costs, channel costs, and retention value, avoiding purely cashback-driven strategies.
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