Managerial Economics: Summary of a Case Study of Visa and Master Card
Since the great recession, the general purpose card networks have shown tremendous growth contrary to the rest of the banking sector especially in the USA[1]. This is especially the prepaid cards which have served to make the unbanked and the underbanked consumers feel represented. The most used cards are MasterCard and Visa, the two largest general purpose card networks. They are responsible for over 75 […]