Adesai

Visa and Mastercard: The Mortgage Brokers of the Credit Card Industry

What about the fact that although mortgage brokers are unemployed and mortgage companies are bankrupt...Mastercard had risen to heights unimaginable????? Even though the economy is weak people still use credit cards. I generally pay with my debit or credit cards to:

1. Keep all records of my transactions...you dont have to save reciepts of all the expenses as you would if you used cash. I did my taxes and used my online debit/credit card to figure out all my expenses.

2. I get free sky miles when i use the credit card/ debit card

3. My wallet does not feel bulky with all the bills.

4. You can purchase or pay for most of bills online....which require a credit or debit card.

5. All the change you recieve will not wiegh you pockets down

Credit cards and debit cards are essential to everyday life, no matter how badd the economy or unemloyment are. The only potential risk or downside is if there is regulation on number of time you can use your credit cards. And i dont see that happening.

I see the olympics as a big opportunity for visa to take china and asia by storm, which will likely increase the number of transaction by at least 20-25% in the next 5 year.

As far as the market cap:
mastercard---- 25% of market------market cap of 30 billion
visa----------- 60% of market------market cap of 54 billion

shares of mastercard continues to rise and has not slowed down, and I predict there market cap will be close to 45+ billion in several years....
I predict visa's market cap will be 125+ bilion in 1-2 years with shares somewhere between $175.00- $200.00.

Buy VISA----Life takes Visa and so should you.