#bstockscis @BinanceCIS #bstockscis 💡 A promo that earns not only from what we see
When people talk about Visa, most immediately think of bank cards. But what’s more interesting is what the company actually earns from.
Visa is not a bank and does not issue most cards itself. Its main business is a payment network through which huge volumes of transactions pass.
That means when you pay for coffee, clothes, or an online purchase with a Visa card, the company can earn from processing the payment—even if the store, the bank, and the seller are completely different companies.
I like this model because Visa basically benefits from the growth in the number of cashless payments around the world. 🌎💳
And here’s an interesting question: if cash gradually loses popularity, how big could the electronic payments market become in 10 years? 📈
#Stocks #Visa #Investing
When people talk about Visa, most immediately think of bank cards. But what’s more interesting is what the company actually earns from.
Visa is not a bank and does not issue most cards itself. Its main business is a payment network through which huge volumes of transactions pass.
That means when you pay for coffee, clothes, or an online purchase with a Visa card, the company can earn from processing the payment—even if the store, the bank, and the seller are completely different companies.
I like this model because Visa basically benefits from the growth in the number of cashless payments around the world. 🌎💳
And here’s an interesting question: if cash gradually loses popularity, how big could the electronic payments market become in 10 years? 📈
#Stocks #Visa #Investing