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Payment Processors Earn Billions in Fees, but Ordinary People Can Benefit Too

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Payment Processors Earn Billions in Fees, but Ordinary People Can Benefit Too

According to reports, according to official Twitter and Coinbase, citing public data, payment processors in the United States alone charged more than $500 billion in fees in 2022. “If it is not a large company operating and making money from payment infrastructure, ordinary people can earn income from it.”. With the option of on-chain pledge, the pledge verifier can earn up to $3 billion in 2022.

Coinbase: Pledge verifiers can earn up to $3 billion in 2022

Analysis based on this information:


According to reports, payment processors in the United States charged a staggering $500 billion in fees in 2022. This massive amount of money may come as a surprise to many who are not familiar with the payment processing industry. Payment processors serve as intermediaries between buyers and sellers in the process of making transactions. They charge fees for their services, which can range from a few cents to a percentage of the total transaction value. The fees are a significant source of revenue for payment processors, and this figure underscores their monopoly power in the market.

However, amidst this dominant power structure, there is still an opportunity for individual users to benefit from payment infrastructure. According to the message, “ordinary people can earn income from it.” This statement suggests that there are ways for individual users to participate in the payment processing industry and earn money from it.

One such way is through on-chain pledge. On-chain pledge is a process where users can lock up their cryptocurrency in a smart contract to verify and validate transactions. This process incentivizes users to participate in the transaction validation process, and they receive a reward for doing so. According to the message, “the pledge verifier can earn up to $3 billion in 2022.” This is a significant amount of money, and it highlights how individual users can benefit from payment infrastructure.

The message also implies that the payment processing industry may be changing, and more opportunities for individual users to participate may arise. As blockchain technology continues to develop, new payment processing systems may emerge that are more decentralized and user-friendly. These systems may also offer new opportunities for users to participate in the payment processing industry and earn income from it.

In conclusion, payment processors are earning billions of dollars in fees, highlighting their immense power in the market. However, individual users can still benefit from payment infrastructure by participating in on-chain pledge and earning rewards for transaction validation. As the payment processing industry evolves, new opportunities for individual users to participate may emerge, offering new income streams and potential for greater decentralization.

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