How are they able to transact with Visa and Mastercard without fees? | Hacker News

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		jsprogrammer on Nov 17, 2014 \| parent \| context \| favorite \| on: Introducing Snapcash How are they able to transact with Visa and Mastercard without fees?

barnaby on Nov 17, 2014 [–]

I assume any "no fees" clause means that they're not taking fees at this time. It doesn't mean "no fees anywhere in the system". So there very likely is a 3% fee to the user, just not from snapchat.

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