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  • Visa Keeps Charging Ahead [View article]
    DEBT cards . should be Debit cards

    transaction fees on debts too ... debits too. :)
    May 15 18:20 pm |Rating: 0 0 |Link to Comment
  • Visa Keeps Charging Ahead [View article]
    Distinctive,
    2/3s of US consumers own Visa or MA or both. So there's still more growth in US. Even if the cards are maxed out...the majority of consumers will try to hold on to them (at least make the min payment) because they use them as a DEBT cards too. Both Visa & MA receive transaction fees on debts too.

    The booming economies of most of Asian countries and the 3 South American countries of Brazil, Argentina & Chile will use their credit cards more & more as we started here in the late 70s & early 80s.

    The huge growth for processors of both CREDIT & DEBT is ahead of us. I can't predict the price or the value of the stock but I own it in my core holdings and also calls (Dec08 & Jan09). As soon as we know about Visa Europe then we can calculate the price by using the multiple by earning. Hope this will help.
    May 15 18:12 pm |Rating: 0 0 |Link to Comment
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