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15min chapter
Mastercard (Ticker: MA) with Matt Cochrane
Chit Chat Stocks
Understanding MasterCard's Business Model
This chapter provides a detailed explanation of MasterCard's business model and how it differs from American Express and Discover. It explains MasterCard's role as a payment network, its secure transaction facilitation, and the various types of fees it collects. The chapter also discusses the process of payments using a MasterCard branded card and the breakdown of transaction fees in a credit card purchase.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode