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
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Anonymous 1
Stealth • 3m
The biggest business of last decade was the platform based.
0 replies1 like
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I was working on a service based platform idea and came across a critical challenge often called "platform leakage" or "disintermediation."
What if service providers and clients bypass the platform after their first interaction, the business will lo