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
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
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
Varun Jeph
•
The NineHertz • 16d
📣 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
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6 replies1 like
Rajesh Kannan
Stealth • 8m
Hello all,
I have one doubt. There are a lot of food delivery and grocery delivery services in the market, but in entertainment, BookMyShow and Paytm Insider are ruling. Any idea why they don’t have great competitors?
5 replies5 likes
Rajesh Kannan
Stealth • 8m
Hello all,I have one doubt. There are a lot of food delivery and grocery delivery services in the market, but in entertainment, BookMyShow and Paytm Insider are ruling. Any idea why they don’t have great competitors?
1 replies3 likes
Aparna
Stealth • 1m
Currently there are lots of established snacking brands ruling snacks market both in domestic and global level....Still do you think that there is market for new snacking brand in India as well in International market .
1 replies4 likes
Aakash kashyap
Stealth • 1m
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
I heard Visa brings in more than 50% of it's revenue as profit. Is there any business/businesses that are as profitable as Visa?
I think India need a global business like Visa.
Temporary Work Visa in the UK
November 19, 2024
Are you dreaming of working in the UK for a short period? Then temporary work visa in UK is your answer. Whether you’re a creative professional, a charity worker, or a seasonal farm hand, the UK offers
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1 replies3 likes
Viraj Sanghavi
Stealth • 2m
🚨 BREAKING: Boosting Tourism with Simplified Travel from Oct 1, 2024
🇱🇰 Sri Lanka has announced visa-free entry for citizens of 35 countries, including Bharat, the UK, and the US, effective October 1, 2024
🧳 This move aims to revive the countr
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