Visa and the Value in Payments

Nor are mobile wallets such as PayPal, Apple Pay, Walmart Pay, Android Pay, Samsung Pay, and Alipay, automatically a threat to Visa’s business.

Only 16% of Americans said they had used a mobile wallet in 2015, a JPMorgan Chase survey indicates. The same survey found that only 56% of large businesses and 25% of small businesses were accepting payments from such mobile wallets.

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Wells Fargo and the Future of Monster Banking

The potential challenges Wells Fargo faces are vast. The greatest of these is falling revenues, which probably reflects the growing implosion of the mortgage market.

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Surprise American Express is Growing Again

There is a reason why simple reason why American Express is still growing again. Basic credit card services are still a great product for which there is tremendous demand.

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A Cautionary Tale for ICO Investors

Instead, Monaco was trying to increase the value of its ICO; MCO, which apparently occurred on 19 June 2017. The idea was to use the claims about the Visa to raise Monaco’s price which apparently worked.

This sounds like “pump and dump;” a classic scam in which fraudsters issue fake claims to increase the value of a worthless stock they are selling. The difference is that pump and dump is being used to push ICO tokens rather than stocks here.

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Venmo Testing Plastic Visa Card

PayPal Holdings (NASDAQ: PYPL) just took a very strange yet logical detour on the road to a digital-cash society. Its’

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Is Visa the Best Value in Finance?

This allows Visa to make a small profit off of every altcoin transaction without taking the risk of directly investing in cryptocurrency. To add icing to the cake, even more revenue from altcoins might be right around the corner for Visa.

A Singapore unicorn called TenX claims to have created a Visa card that can automatically convert cryptocurrencies; such as bitcoin and ethereum, into fiat currencies such as the US dollar. A TenX Youtube video shows Cofounder Paul Kitti using a digital wallet to pay for burgers at McDonalds with Dash (Darkcoin) a lesser altcoin.

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Visa is now a Widows and Orphans Stock

Visa (NYSE: V) is not only the largest payment processor around, it has also become a “widows and orphans stock.”

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Android Pay Now Supports PayPal, Discover and Visa Checkout

Among other things that means Android Pay is now accepted at all Walgreens (NASDAQ: WBA) drugstores, Payments.com reported. It also means but Android Pay can now be integrated with Walgreens Balance Reward card program much like Apple Pay is. Unfortunately Walgreens was the only store mentioned in news stories about the new registers.

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Microsoft Reveals its Answer to Apple Pay

So far you can only access Visa (NYSE: V) and MasterCard (MA) through Microsoft Wallet. American Express and Discover are not mentioned at its website. Just eight banks are mentioned but only two major US banks accept it; Bank of America and US Bank. One major Canadian Bank TD Bank is also mentioned at the website. Chase is listed there as coming soon

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Is Western Union Doomed or an Income Value?

Western Union is making a lot of money and generating a lot of float for its size. It’s also easy to see why its stock value is going up. Ycharts reported that investors were rewarded with a dividend yield of 3.13% and a return on equity of 63.2% on September 16, 2016.

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