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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 2 days ago

How nonpayments became big business at Visa and Mastercard

Value-added services such as security, marketing and consulting have become a major part of Visa and Mastercard's revenue.

https://www.americanbanker.com/payments/news/visa-mastercard-rely-on-non-payment-services-to-counter-fee-threats

#FinTech #FinServ #Banking #Payments #PayTech

American Banker

How nonpayments became big business at Visa and Mastercard

With fintechs and legal cases pressuring payment fees, the card companies are leaning more on revenue from other sources.
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