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And so we began with the simplest invention we could imagine: a known price. One price, a percentage of the transaction, for everyone, at all times. No hidden fees. This was exactly the opposite of what everyone else in the credit card industry did. In addition to creating a new level of trust and transparency, our simple price was also simple to explain. Customers knew what we charged, and they could tell others.
The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time
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