Visa's Infinite Runway(popularfintech.com) |
Visa's Infinite Runway(popularfintech.com) |
One way in which their runway is not infinite is if regulators lose patience for the duopoly between Visa and MasterCard, and do more than just blocking acquisitions. It is possible as well that the US administration’s pro crypto stance leads to some development that greatly disturbs that duopoly.
Look at payment volume of credit cards in India and Brazil considering their instant payment systems (UPI and Pix, respectively). Walmart is preparing to roll out pay by bank in their app, to sidestep credit card rails fees, which cost them >$1B/year.