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Visa

Acquired

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Competition and Innovation in the Payment Landscape

This chapter investigates the competitive dynamics of the credit card industry, particularly the impact of digital payments on consumer choice and Visa's strategic business model. It highlights the historical context of antitrust issues, multi-layered network effects, and the challenges faced by low margin businesses due to payment processing fees. Additionally, the discussion underscores Visa's positioning in the evolving tech landscape and the implications of emerging threats from new payment systems.

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