...the number of times they are used will go down. This should reduce Visa's income. //////////////////////... In the last quarter reported, Visa cards were used 11 Billion times. Based on a 90 day quarter, which is was, the breakdown is over 83,000 time a minute.
Ok, so three people don't use their Visa card as much. THAT will have a major impact on Visa's earnings. NOT!
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...the number of times they are used will go down. This should reduce Visa's income.
Jul 02 10:50 am
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All Comments by Saurischian »Pair Trade Visa and Capital One [View article]
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In the last quarter reported, Visa cards were used 11 Billion times.
Based on a 90 day quarter, which is was, the breakdown is over 83,000 time a minute.
Ok, so three people don't use their Visa card as much.
THAT will have a major impact on Visa's earnings. NOT!
Saurischian