Looking at PayPal, SQ, Apple Pay and all these new-ish prepaid cards and banks like Monzo, Revolut, N26 etc they ALL involve VISA or MasterCard.
With the exception of paying cash what are some situations, preferably common ones, where visa or MasterCard don't take their slice?
There was an interesting discussion on Industry Focus podcast about how some companies couldn't really be usurped even with a new rival being well financed.
I'm sure Blockchain will be cited as something to cause the downfall of these two, but other than that what can a company do to eat into their share?
I'm UK based so apologies if there's an obvious thing in the US that I'm missing
Submitted February 28, 2019 at 05:18PM by EducationUmbrella https://ift.tt/2SysyQC
