How Does VISA Make Money?
On this video you’ll be taught precisely how VISA makes cash. We are going to begin by busting the myths about how VISA makes cash. We are going to find out how the cost processing system works and what issuing and buying banks do. We are going to then put this along with VISA’s 10-Q to completely perceive the place VISA’s income comes from.
supply
Crypto Blockchain = Public Ledger
Visa, MC, AMX, Discover = Private Ledger
Debit/Credit Card = Token runs on a Private Ledger
Easy to understand. Thank you!
Thank you for making this video, it's very helpful.
Super thanks!!! Now it’s totally clear!
Brilliantly explained. The key is simple and easy methods to explain the not so complicated concepts.
Awesome video! Who pays for the data processing fee? 🙂
amazing video, thanks.
very well explained – thanks. also like how you give zero f's on the slide layout
Great!
Yeah… Bitcoin cuts out that whole process.
Thanks bro for the card you got me with high balance on it webchink1 on is the best ✅
Thanks to thomas davy on telegram I got my MasterCard from him and he also teach me how to carding you legit bro
Thanks Dumpsdawg on telegram for my physical clone card I’m happy I receive it as you said bro thanks🤝🤝
Hey awesome people! I want to learn more about online payment systems, are they any good books on the topic? I am interested in design principles and implementation details.
Thankyou and have a nice day
probably should have looked this up before investing in them
Thanks, you are true genius.
thanks bro, can I help you?
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This is excellent, thanks.
For those wondering "what's in it for the merchant getting $2 less?" Well, the the dollar volume of the merchant is getting increases rapidly. The customer is paying on credit he took from a bank. So the credit risk is eliminated for the merchant. While in the past, the merchant would occasionally let cusomers buy after he tries to asses their credit worthiness, he held the risk of them not paying or not being able to pay. Also the cards made more customers available by elevating the need and fear of carrying cash everywhere.
Very helpful thank you!
Thank you for the helpful video
great explanation
Good explanation, but you should do the explanation with a example in the banks for a easier understanding