Wie VISA und MASTERCARD Geld verdienen.
Business Model
The business model for Visa and Mastercard is quite similar. Both companies provide transaction processing services (authorization, clearing, settlement) to financial institution clients (of Visa or Mastercard) as well as the merchant clients. Both companies are also providing value-added services like fraud and risk management or consulting and analytics and both companies operate almost all over the world.
Visa's and Mastercard's network is a four-party model consisting of account holder (individuals using the credit cards to shop and buy items), issuers (the financial institution that issued the credit cards to account holders), acquirers (financial institutions that contract with the merchants) and merchants (retailers, billers and others who accept electronic payment). It is important to point out that neither Visa nor Mastercard are financial institutions, and both companies don't issue the cards or extend any credits or set rates. Both companies are therefore facing no credit risk as both companies are only providing the network and technology for all four parties to authorize, clear, and settle transactions.
[i]Source: Visa 2017 10-K,[/i]
[i]https://s1.q4cdn.com/050606653/files/doc...Report.pdf[/i]
NET OPERATING REVENUES Our gross revenues are principally comprised of service revenues, data processing revenues, international transaction revenues, and other revenues. Net operating revenues are gross revenues reduced by costs incurred under client incentive arrangements. We have one reportable segment, Payment Services
[i][i]Source: Visa 2017 10-K[/i][/i]
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Business Model
The business model for Visa and Mastercard is quite similar. Both companies provide transaction processing services (authorization, clearing, settlement) to financial institution clients (of Visa or Mastercard) as well as the merchant clients. Both companies are also providing value-added services like fraud and risk management or consulting and analytics and both companies operate almost all over the world.
Visa's and Mastercard's network is a four-party model consisting of account holder (individuals using the credit cards to shop and buy items), issuers (the financial institution that issued the credit cards to account holders), acquirers (financial institutions that contract with the merchants) and merchants (retailers, billers and others who accept electronic payment). It is important to point out that neither Visa nor Mastercard are financial institutions, and both companies don't issue the cards or extend any credits or set rates. Both companies are therefore facing no credit risk as both companies are only providing the network and technology for all four parties to authorize, clear, and settle transactions.
[i]Source: Visa 2017 10-K,[/i]
[i]https://s1.q4cdn.com/050606653/files/doc...Report.pdf[/i]
NET OPERATING REVENUES Our gross revenues are principally comprised of service revenues, data processing revenues, international transaction revenues, and other revenues. Net operating revenues are gross revenues reduced by costs incurred under client incentive arrangements. We have one reportable segment, Payment Services
[i][i]Source: Visa 2017 10-K[/i][/i]
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