How Does VISA Make Money?

Рет қаралды 56,271

6 жыл бұрын

In this video you will learn exactly how VISA makes money. We will start by busting the myths about how VISA makes money. We will learn how the payment processing system works and what issuing and acquiring banks do. We will then put this together with VISA's 10-Q to fully understand where VISA's revenue comes from.

Пікірлер: 42

@hus390 4 жыл бұрын

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.

@dahubs4325 2 жыл бұрын

very well explained - thanks. also like how you give zero f's on the slide layout

@bigfacts4235 5 жыл бұрын

Great Video! simplified and Concise we need more like this.

@asheeshswamy3939 2 жыл бұрын

Brilliantly explained. The key is simple and easy methods to explain the not so complicated concepts.

@millie111001 Жыл бұрын

Thank you for making this video, it's very helpful.

@stephenstringer6547

Easy to understand. Thank you!

@Tunnyemah Жыл бұрын

Super thanks!!! Now it’s totally clear!

@seandunlop7054 4 жыл бұрын

This is excellent, thanks.

@TeeMilli

Crypto Blockchain = Public Ledger

@farfrombangladesh2744 4 жыл бұрын

great explanation

@Erez.Levi.Stocks 2 жыл бұрын

amazing video, thanks.

@santi9611 4 жыл бұрын

Good explanation, but you should do the explanation with a example in the banks for a easier understanding

@monsterboomer8051 3 жыл бұрын

Thanks, you are true genius.

@theckp 4 жыл бұрын

Very helpful thank you!

@Sil3ntNinja01 4 жыл бұрын

Thank you for the helpful video

@kshytyj 2 жыл бұрын

Great!

@avimehenwal 3 жыл бұрын

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.