The biggest risks MC and V now face is losing the debit portion of their business. 2%++ swipe fees to merchants, which funds reward points and miles to card holders, is an exorbitant charge to process a payment. Merchants are now pushing back with surcharges to pay with a card. Since people are not going to return to paying with cash, alternative systems like Zelle, CashPay, and even the prospect of digital currency will threaten to take away the non-credit (debit) transactions. Time will tell.

In my country, all banks issue MasterCard and visa card but there is an In App QR payment method backed by National bank's Blockchain system. This allows interbank transfer at no cost bypassing MasterCard and visa, and merchant get 100% of the payment. So right now, not many merchants are accepting payment by MasterCard and Visa, only big shopping malls or brand name stores do

Pretty much everywhere Visa is accepted, so is Mastercard and vice versa.

All I can say I have owned both stocks, Visa and MasterCard, since 2012, and have tripled to quadrupled the investments. I was even able to sell some shares to pay off my house in 2021!🎉🎉🎉

Have cards with the MC and Visa logos and can pretty much use them every. Even the Amex and Discover cards I have are pretty much accepted everywhere. To me they are just a logo and backing bank is more important.

From what I've heard, it costs stores more to accept MasterCard as compared to Visa, at least here in Europe. And if I think back some decades ago, I do think there were some places that took Visa but not Mastercard (maybe because of this cost reason, or maybe because they were not as well spread out at that time).

0:55 CAGR = "compound annual growth rate", the annualized average rate of revenue growth between any two given years

2:25 Purchase payments card, India kicked out master card and we have UPI which requires no card and there is no fees involved- just mobile phone and a QR code. Google is advocating for the technology to be implemented in US, let's see what happens if that ever gets implemented.

I tried this strategy on my demo account and it worked like a charm! And I didn't even always follow all the conditions exactly, for example I tried it on a range market and it worked there too! This simple strategy is so robust!

Boys is it best to invest in *VRI TOKEN* monthly or weekly? I'm thinking the fees will be higher if done weekly.

Did i just watch a 10 min Mastercard advertisement!!

I’m Mexico we have a governmental system called spei, and cards and banks can use it to do electronic transfers between banks, and each bank has it integrated in their own app, even fintechs, and a QR code payment system, both are tools that the central bank issues

Love these videos. Could you do one on block/square next pls?

Interesting. In Estonia, only Luminor and Citadele issue Visa cards, the rest - Mastercard. It’s notable that the vast majority of people use Mastercards here. AmEx is basically unheard of.

Myself during this Bear Market only trying to focus on BTC, *VRI TOKEN* , ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦

Thank you for the update *VRI TOKEN* is done right, and waiting is part of the process,

I'd recommend to make a video about the payment system in China, where the use of digital transactions seem the norm and people don't tend to use anymore physical bank notes. It's very convient, fast, reliable and secure. I'd like to know the drawbacks of that system as well.

I think you literally just saved my life Leo, I’ve been struggling to find a way out. I’m currently an N.A waiting to get certified because of covid and stuff but I support myself and my grandma. I don’t have anyone to turn to for help, I’ve been trying to save but I can’t because of bills and renting my apartment and everything. But this, literally helped me look to a brighter future. My grandma is crippled so she cannot do work or anything. Most people have parents to turn to but I don’t talk to my mom or dad. This literally helped me so much because since i met *VRI TOKEN* the real issue i have about debt was solve in some weeks am sure before Feb of my birthday i will be home owner.

When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss *VRI TOKEN*

*VRI TOKEN* is less that $1 just like the 2012 bitcoin days... time to buyyyyyyyyyyy

Now if we can get immediate money transfers instead of the pending 2 or 3-day transactions, that will be a game changer.

VERY well done ! I say this with 40+ years in mortgage finance & banking working with credit bureaus. Different models and parameters are used by different industries but *VRI TOKEN* info is pretty much universal. If you're trying to max your credit scores, there is a happy medium between too many credit cards and none. Too many cards with zero balnce may actually hurt you in some cases. Even if you do not use them, you have a potential. To always pay cash & still have cards doesn't help your scores as well

Credit scores are just a form of federal control, so if you want to continue living a good life? it’s important to have a high score. My house and vehicles are paid off, I have one Visa card for all purchases, which gives me air miles, and I pay it off monthly, but my score bounces between 800 and 820 without changing any of my patterns, so it’s manipulated for some reason. *VRI TOKEN* made it stay at that range and getting it up

For the most time of this year if you would invest into anything it is not doing very well I mean that's pretty obvious. But the launch of *VRI TOKEN* plays a different game and it is less affected by such moves as the utility is simply too strong. Just my bet

I’ve used all four major card providers over the last 25 years (Visa, Mastercard, American Express, Discover), and Mastercard is the most reliable.

I’d rather buy *VRI TOKEN* , atom, polka and polygon!

Can't deny the fact that *VRI TOKEN* is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good, but I don't see that the biggest tech company in the world would put everything at risk just for that.

I think both their networks are slower than AMEX but yes they are accepted in more places.

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.

Ajay Banga started this REVOLUTION! Credit goes to Michael Miebach for continuing it!

*VRI TOKEN* is a bluechip longterm hold. I dont even care if it replaces ETH(holding this too).

Great video! I have a question, I have two fraud inquiries on my reports that I would like to get removed. I've seen your video regarding this, but Im still a bit confused. So I know my first step would be making a call with the credit bureau (Experian) but should I also make call what time? And would I be never stop sending a good compny *VRI TOKEN* to my friends and people I know regarding any credit situations

I’ve been with *VRI TOKEN* for more than five years and it’s one of the best decisions I’ve made in terms of investing. I use my self-directed IRA with Preferred Trust Company. I work with my Investment Representative from Ignite Funding who is very professional and knowledgeable as well as the other employees in other departments. I get answers to my questions right away. I have more than 20 loans at the moment and interests are paid in a timely manner. I’m grateful to have them.

American Express will be a very big winner in this new game because it's still so small globally.

I'm sure that in the late 60s and early 70s in the US MC used to be called "Master Charge" and Visa used to be called "Bank Americard".

They are pretty much interchangeable in my experience, it’s extremely unusual to find a merchant accepting one but not the other. Other networks are also widely accepted (Discover, JCB, Unionpay, AmEx etc).

Mastercard or Visa DO NOT make any money from Interchange fee. That fee is for the issuers for taking on the risk to pay on behalf of their customers.

Crypto user could top 1B by the end of 2023 as nations continue to adopt Bitcoin Buy the dip, and HODLfor the long term .Bitcoin Always comes back.

Wildcard: using JCB card. (Mostly known in Japan/ASEAN region) in China there are mobile apps QR code payments.

Rupay and UPI are going to beat both of them.....

Should take a look at Asia. We've been doing instantaneous payment transfers without Visa, MC or Amex for years now

I had nothing but problems with Mastercard while traveling abroad. I asked my bank to either give me a Visa card, or I'll change to a bank that has Visa. Now it's so much better.

Never have really loved the Mastercard cards and associated programs they have - for that I just have a simple cashback no fee Mastercard for when there's a retailer that doesn't take AMEX or Visa. Its almost entirely AMEX for me these days - the Cobalt card is a real game-changer - and sure AMEX overall acceptance tends to be lower, but my acceptance rate has been very good, even with local small businesses! Those few times a year I run into non-acceptance, I just use my VISA card.

In India we all love Visa more than Mastercard because the word visa gives us soothing feeling.

BRO WHY ARE YOU NOT TALKING ABOUT *VRI TOKEN*

I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on *VRI TOKEN* is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem

At 34 years old I finally feel ready to settle down long enough to buy a house. Unfortunately due to previous horrible stupid life decisions, I'm forced to start with a zero balance in my savings account. On the bright side, the huge amount of debt - consequence of those bad decisions will be payed off next month,It's never too late to start saving like there's no tomorrow, and I'm really REALLY excited and motivated. Oh and Graham, fyi my emergency fund is also a done deal! by *VRI TOKEN* lol, i didn't made it myself

I am new subscriber and I must say I love watching your blog. Happy to watch someone enjoying life with their hard earned money 🍊

That’s why India came up with UPI.

In the Philippines, Mastercard is big. Majority of the cards here are Mastercard. Somehow Mastercard constituents to the working class.

I used to work for VISA...I can't complain how the company treated me, even after it laid off. But it has a big problem...it is so profit-driven that it did not focus to how to help the small businesses grow...this left the door open for the smaller payment processors. Now they are dividing the market that VISA can't salvage.

I've switched to visa. More and more business are switching to it as it's better for cheaper for international transactions. As globalisation continues it should grow market share

I dunno… I was one of those people that didn’t care about a credit score, didn’t get any education about how important your credit score is, and I racked up debt like an idiot. I worked really hard and educated myself and I’ve brought my credit score from 480 to 732 and I’m still going up with *VRI TOKEN* . I feel like the government blaming credit reporting companies instead of the lack of financial education in their own public education system is foolish.

The credit and insurance system is the exact reason why we are in such a problematic economy as a nation. Credit has allowed way too many people live above their means the system takes advantage of peoples need for ease and ostentatiousness to take advantage of these people at very high interest rates, Insurance has made our medical industry overpriced in every aspect because the hospitals took advantage of them.

All of them are really nice picks. But the potential of project that elegantly combine blockchain and *VRI TOKEN* and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.

Visa used to be dominant in Kenya up to around 2010. From there, Mastercard invested a lot in marketing and partnerships. You walk in a bank and by default they give you a Mastercard unless you request for Visa. Somehow, Visa has hardly done anything significant to attract users.

looks like someone is trying to build some FUD for MC

I already converted all my ETH to *VRI TOKEN* , now I feel like moving all my BTC to ADA as well.

What about Amex and Discover?

I was focusing to use on VISA because i thought it was more successful than mc and more easily used abroad.

iN INDIA both MC AND visa ARE DEAD BY UPI. I don't see a point in using these cards nowadays and I haven't used the cards nearly 2 years and more.

The UPI payment system is beating them in India. India is a massive market to loose

Swipe % fees are too high. It's just a tiny bit of data and retailer prices are already too high.

I've always been puzzled about how something fundamental is controlled mainly by just two providers - both American as well. It's worse than big tech.

I have never seen an advertisement by Mastercard attacking Visa or vice-versa. Rather, their ads tend to tee off on American Express.

I started to look into NFTs to build more my knowledge. Your video was simple and very enjoyable to watch so thank you for publishing this content. I personally think this revolutionary way of buying /selling art or actually anything that can be classified as a virtual asset will need to be watched very closely. The sector is still widely unregulated and those activities can conceal massive risks of money laundering and financial crime at many levels. There was no case of money laundering or any suspicious activities when I made the decision to join *VRI TOKEN*

Distributed Ledger Technology (DLT) networks like Hedera will take payment networks such as MasterCard, Visa, Pay Pal, and FIS Global to another level...and keep an eye out for emerging micro-payment processing company's that are built on DLT (Hedera) like Dropp!

Got a mastercard because of Costco. Love it!

Great video. Could you also do a feature on the role of Virgil MasterCard, heir to the MasterCard fortune?

Thank you for being there *VRI TOKEN* when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.

If that passes it will still be business as usual with visa and mastercard. 2 percent swipe fees arent going to change or go away. Discover and Capitol one will gain a little traction but visa and mastercard will still be by far the main players.

By far the biggest threat to Visa and Mastercard is India's UPI payment system. Why pay when you can do it free.

Using both at some point in my lifetime I would say I have had less complaints about missing money from my account with Mastercard as opposed to visa. The security is unmatched. Visa also does reach out to you abroad whenever you perform some outrageous transactions especially if it's a US Bank but mastercard might just go ahead and decline it beforehand since it's unusual. The alerts of mastercard are slow to come in as opposed to visa.

I think MasterCard and Visa should be worried about Apple Pay instead.

While visa and MasterCard fight each other , India single handedly end the monopoly of this two company and made its own debet card Rupay

What a miracle Thank you so much sir 100% strategy working I tried 7 trades on this strategy all are win I'm your fan

Thank you for the video. I am a big fan of the channel. In this video I have to point out two things. Unfortunately there is a mistake at 0:20 . There were over 624.86 billion transactions using payment cards for a total of 40.645 trillion dollars spent. Furthermore I did not see a good a reasoning as to why Mastercard is beating VISA. You mention their stock having grown more because of investors believing there is more potential for growth due to its smaller market share but that’s it? VISA is obviously also targeting new markets, just like the mentioned B2B market.

Thank you for your videos mate, you know most people think that investing in crypto is all about holding till it rises, come on, it takes time and is a gamble on the long run, this recent dip and slight pump should be a lesson to people who hold blindly. Working with *VRI TOKEN* , made me believe that when you hold, you stand the chance of losing it all too unexpected dips. So rather than simply holding, I trade crypto under his expertise.. We need more experts like her, who educate people on the evolution of the market so people avoid common mistakes. so they don’t walk out of the market feeling frustrated! I able to accumulated over 11.8 BTC when I started at 1.3 BTC in just few weeks implementing *VRI TOKEN* daily trading signals and tips..

In Canada, in 2022, it seems most card companies switched to Mastercard. Especially the fintech.

CNBC, I am loyal card user to the card with best services I'll keep card for many, many years because my honesty to pay back the card plus use its great services. That how me born in the U.S.A. native think, I love great services and will pay off my card use it for many years. thanks for the video.

To me there is no difference between Visa and MasterCard. The reason I have that opinion is because I started with Visa at the beginning with my issuer and then I got MasterCard.

In the UK a lot of banks are moving to Mastercard

American Express is tops in my opinion.

Alot of countries trying to get rid of Visa and Mastercard, altho not completely. Other countries basically send $$ to US for Visa MA processing fees.

between the two, I think I would still support *VRI TOKEN* : technically speaking, years ahead of the competitors,Brand power, easy development, flexible with source languages, quick tx...

In Scandinavia VISA is dominant while Mastercard is niche at best. So not all of Europe eh?

It will be interesting to see if China UnionPay will really try to go international on a large scale in the next several years. Just that brand by itself has a giant user base from China alone.

Since master card was restricted in India for few years to issue new cards by Indian Government for non-compliance of some rule. Visa acquired much more matket with more value offering cards. Now Rupay cards have started getting attention in both Debit and credit cards in India. Soon they will beat master card and start catching up with Visa Locally.

note: Reuters animation: 1:09 Payment card wheel chart: 2:32

I've never had the choice to choose if my card would be Visa or MasterCard. My bank would just issue whatever they had. I had no say in the matter.

What I don't understand is that the stoch oscillator was showing a down trend or at least down bars and you were making all higher trades. What made you think that it would go higher vs trend to the down position? RSI was at or close to 50, but the SO was saying bearish, what in that sequence made you buy? Not making sense.👗

In India, the UPI has killed both the Visa and MasterCard. Mastercards are relics.

Predicting a reversal of a trend is risky, and even worse, I believe there is more to this market than we understand currently. When people are losing, they don't aim to increase their average, but that can only change if you have a personal trade guide and signal provider like that of VRI TOKEN which has made me almost 19.5 on a 2 btc Trade capital over the last 3 weeks. Make the wise decision. Markets fluctuate in cycles that can last anywhere from a few days to several years. In the case of B -TC, it's difficult to make a bullish case simply from looking at the charts.

Pray my Mastercard is miraculously paid off soon 🤦🏽‍♀️

thanks for this wonderful information. Most times people will request for money to get this kind of information.

Buy both companies shares. You will be the winner.

Only use Apple Pay these days. Took many years for it to be accepted most everywhere. But I think the pandemic accelerated that. Four years ago it was rare to find a place of business that would accept it. Now it's just a couple major retailers that are hold outs, Like Walmart. Kroger recently caved in.

So the conversation will just ignore the 2nd placed player UnionPay that shadow Mastercard and the rest all together?

@CNBC please close the comment section and block the keywords used by the scammers.

for some sort of scale context, think of the biggest banks. Visa and Mastercard are bigger than those like a blue whale compared to an orca. WIthout MC, Visa, Amex, China UnionPay, etc, the banks have to have direct contact with all other banks, and to reconcile all transactions by themselves. I am not aware of any bank in such a position, at least Europe-wise.