That merchant-facing fee is how you earn cashback/points when you're a credit card holder. Instead of passing it on to you in the form of points or cash back, Privacy.com keeps it.
> Card issuers can afford to pay cash back because merchants pay an interchange fee on each transaction.
> Card issuers can afford to pay cash back because merchants pay an interchange fee on each transaction.
https://www.creditcards.com/credit-card-news/cash-rebate-cre...