Do you think Bitcoin will continue to outpace traditional payment systems like Visa and Mastercard in transaction value?
What does this mean for the future of finance? 💬
Bitcoin is commonly used on the dark web due to its pseudonymous nature, all
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Anonymous 1
Stealth • 1m
Bitcoin may have a high transaction value, but let’s be real—it’s mostly speculative trading and illegal transactions on the dark web. Visa and Mastercard are used by regular people daily. The numbers don't tell the whole story
Do you think Bitcoin will continue to outpace traditional payment systems like Visa and Mastercard in transaction value?
What does this mean for the future of finance? 💬
Bitcoin is commonly used on the dark web due to its pseudonymous nature, all
📣 ECB to make next steps to digital euro 💶
The European Central Bank is creating a Digital Euro Rulebook and tests conditional payments to enhance transaction efficiency and reduce reliance on Visa and Mastercard, aiming to boost eurozone soverei
Can the Visa-Mastercard duopoly be disrupted? If yes then why no startup tried to crack it
If no then why it's impossible to crack it.
0 replies
Arcane
Stealth • 5m
ONE INTERESTING OBSERVATION SERIES
DAY #17
Let me tell you something interesting about Rupay, our domestic payment network that's competing with Visa and MasterCard.
The volume of transactions processed through it has been declining for 24 months
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9 replies8 likes
Aryan patil
Stealth • 9m
Top 3 giants of USA credit card market
1) Visa : visa accounts for half of the USA CC market with market share of 50%.
2) MACA : mastercard accounts for about quater of the USA CC market with market share of 24%.
3) Amex : American express accou
𝗕𝗲𝗴𝗶𝗻𝗻𝗶𝗻𝗴𝘀 𝗼𝗳 𝗖𝗿𝘆𝗽𝘁𝗼
Ever wondered how cryptocurrency started and why it's changing the world?
Cryptocurrency's story begins with the unknown figure Satoshi Nakamoto. In 2008, Nakamoto published "𝘽𝙞𝙩𝙘𝙤𝙞𝙣: 𝘼 𝙋𝙚𝙚𝙧-𝙩𝙤-�
VISA isn't a credit card company.
They're the world's most profitable middleman:
No credit risk
No bank ownership
Just a 2.5% toll on $15.5T in yearly spending
Here's their perfect business :
1. Let these numbers melt your brain:
14T+ processed
In the era of DigitalIndia, it's surprising when transaction details are not readily available. What's happening here?
Even if a wrong transaction or fraud occurs, what can cybercell really do? They will eventually extract the details.
Therefore, one
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3 replies9 likes
Varun D R
Stealth • 6m
📢 UPI apps should include second-party approval for higher-value transactions. Imagine an elderly person adding their son as an approver. The son approves, and the user completes the transaction with their PIN
3 replies4 likes
Gyananjaya Behera
Stealth • 6m
UPI Transactions Jump 5% MoM In May To 1,404 Cr
Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore.
Yearly Growth: Year-on-year, transaction count surged