What happens when you tap

The two-second journey of a $5 coffee.

contactless
Tap
$5.00
arrow_forward
point_of_sale
Terminal
reads the card
arrow_forward
sync_alt
Acquiring bank
receives it
arrow_forward
hub
Card network
routes it
arrow_forward
account_balance
Issuing bank
authorises
subdirectory_arrow_left Approval flows back the other way — and each stop takes its cut.
Interchange
0.5 – 1.5%
Scheme fee
0.05 – 0.15%
Acquirer margin
varies
arrow_forward
storefront
Merchant gets
$4.85 – 4.93