Tag: Visa (NYSE:V)

Business

COVID-19 Pandemic Impacts Visa (NYSE:V) MasterCard (NYSE:MA), And American Express’ (NYSE:AXP) Profits With Weak Cross-Border Spending

Profits of credit card companies Visa Inc. (NYSE:V), MasterCard Inc. (NYSE:MA), and American Express (NYSE:AXP) have been greatly affected by the pandemic as global travel came to a halt. Pandemic impacted profits of credit card companies In the most recent quarter, the companies reported a double-digit drop in their bottom […]

Business

Visa (NYSE:V) and MasterCard Inc. (NYSE:MA) Unveil Initiatives To Leverage Booming Digital Payment Opportunities

There is a digital payments boom and a shift from the traditional electronic payments systems. Most countries have had a national payment network authorized by a central authority to transfer money between banks. This is time-consuming as the funds could take days and their tracking was challenging. Growing competition in […]