New ask Hacker News story: Ask HN: How does Dosh make money?
Ask HN: How does Dosh make money?
6 by exabrial | 0 comments on Hacker News.
Dosh is a rewards app. You submit your CC info, then somehow they tap into your transactions and pay something like 5% for dining at certain restaurants. I noticed the app stopped working at one my favorite local spots after they switched POS systems. I stopped and talked to the owner, and he said much to my surprise he had never heard of the app. I assumed previously that they were having the business owner pay them out, but that doesn't appear to be the case. So what is their business model? I'm curious how the system works. Thank you!
6 by exabrial | 0 comments on Hacker News.
Dosh is a rewards app. You submit your CC info, then somehow they tap into your transactions and pay something like 5% for dining at certain restaurants. I noticed the app stopped working at one my favorite local spots after they switched POS systems. I stopped and talked to the owner, and he said much to my surprise he had never heard of the app. I assumed previously that they were having the business owner pay them out, but that doesn't appear to be the case. So what is their business model? I'm curious how the system works. Thank you!
