It is interesting that I did no see in the comments the costs of using Mastercard & Visa as a reason for governments to find alternatives for their economies.
Both Visa and MC are US companies so there is where the profits go ....
From US Senate hearing : "This is classic, classic monopolistic behavior. Yet you're testimony...is you don't want any competition...I'm having a hard time finding that position defensible, let alone sympathetic...it's unbelievable the amount of money you're making."
Both Visa and MC are US companies so there is where the profits go ....
From US Senate hearing : "This is classic, classic monopolistic behavior. Yet you're testimony...is you don't want any competition...I'm having a hard time finding that position defensible, let alone sympathetic...it's unbelievable the amount of money you're making."
Margin 50% ....
https://www.youtube.com/watch?v=ks3wP1nlg6U