How did this startup plan to make money

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Reference no: EM133930122

Assignment:

This question requires you to read the article by Carrns posted at the end of this assignment (from The New York Times, July 19, 2017).

A) Describe in a few sentences how Debitize worked (be concise).

B) How did this startup plan to make money?

C) In what ways did Debitize allow a consumer to enjoy the benefits of both debit cards and credit cards? What benefits usually associated with debit cards did Debitize offer, and what benefits usually associated with credit cards did it offer?

D) In what way did the Durbin Amendment make Debitize more likely to succeed? (This is not in the article. You have to figure this out using what you learned about the Durbin Amendment.)

Note: Debitize was acquired in early 2019 by Trim and basically shut down as a standalone app. A good project would be to figure out why!]

Reference no: EM133930122

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