How Does VISA Make Money?

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.

[hus]

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.

[dahubs]

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

[bigfacts]

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

[asheeshswamy]

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

[millie]

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

[Tunnyemah]

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

[santi]

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

[setalaka]

Awesome video! Who pays for the data processing fee? :)

[avimehenwal]

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.
Thankyou and have a nice day

[lonzhao]

Well I much prefer Mastercard/Visa over cash.

[Patrick-udvu]

Yeah... Bitcoin cuts out that whole process.

[TeeMilli]

Crypto Blockchain = Public Ledger
Visa, MC, AMX, Discover = Private Ledger
Debit/Credit Card = Token runs on a Private Ledger

[news]

probably should have looked this up before investing in them