![]() Card networks are diversifying their offerings via M&A, with Visa acquiring Earthport and Plaid and MasterCard acquiring Vocalink and Nets. Tech companies are capitalizing on their consumer reach to establish intermediaries between card networks and consumers in the form of Apple Pay, Google Pay, Grabpay, and others. New aspirants in developing countries-such as Alipay and WeChat in China, Paytm in India, and MercadoPago in Argentina-are leapfrogging physical card infrastructure. These changes have triggered a proliferation in new consumer-to-merchant payments networks and schemes over the past decade.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |