Will Visa and Mastercard be disrupted? | LinkedIn
While fintech mania is in full swing disruption mode, disrupting everything in its path from retail banking (eg. Atom and Monzo) to cross-border payments (e.
While fintech mania is in full swing disruption mode, disrupting everything in its path from retail banking (eg. Atom and Monzo ) to cross-border payments (e.g. Ripple and Veem ), one area that we don't hear about is the payments rail that all credit card payments use, namely Visa and Mastercard. What started as an embarrassing moment at a restaurant in 1949 (read the back story here ), the credit card payment model we use today has been relatively unchanged for more than 60 years. Each payment method, either Mastercard or Visa (I'll leave American Express out of this discussion as it uses a s
Explore this link on the map →saved by
related reading
- Visa Inc. - Wikipediaen.wikipedia.org
- Anatomy of a credit card rewards programbitsaboutmoney.com
- Interchange is a burning platform - Matt Brown's Notesnotes.mtb.xyz
- How stablecoins will eat payments, and what happens next - a16z cryptoa16zcrypto.com
- Payments in Japanbitsaboutmoney.com
- Mediumbritatberkeley.medium.com
- On a stablecoin bank - by Bridget Harris and Abhi Desaibridgeharris.substack.com
- The End Of Interchangeavc.xyz
- Hip to Be Square - by Marc Rubinstein - Net Interestnetinterest.co
- Credit cards as a legacy systembitsaboutmoney.com
- Stripe Can’t Loseevery.to
- Why We're Spending So Much Moneytime.com