taperx

Consumer Credit Stocks and MasterCard: Long Term Risks

Your thoughts on store cards trumping visa/mc are insane!! Now you would have to carry 50 or so cards in your pocket!! Generally when a merchant has to many cards to process they then turn to visa/ MC to take over the system which has been the trend. Visa/MC have an infrastructure that almost can't be duplicated. Don't get me wrong, anything CAN be duplicated! First you would have to create the system, finance the system (good luck), build the system and sell the system (ie: make banks want you, and have consumers and merchants get on board with you) Good luck on any of this!! You would then price yourself out of the market in trying to achieve all this. Remember Visa (bankamericad) has been around for decades! It has taken decades to get it where it is as a BANK OWNED OPERATION. Now, finally a public company!