They dominate the credit and debit card industry but what are the relative differences between the two
Thursday 09 Jun 2022 Author: Steven Frazer
Buy something in-store or online these days and it’s a fair bet you’ll use a credit or debit card powered by Visa (V:NYSE) or Mastercard (MC:NYSE) . The use of digital wallets (PayPal, Google Pay, Apple Pay etc) may be growing rapidly, but Visa and Mastercard remain the giants in the electronic payments pool, dominating transactions globally. Between them, the duopoly processes about 340 billion annual transactions with a...