Re:Open Source Visa/Mastercard Competitor: Zenobia Pay
by JumpCrisscross on Thursday August 14, 2025 @03:40AM
(#44897789)
> fees are for fraud prevention and sanctions compliance
Visa and Mastercard’s pre-tax income margins for the quarter ending on 30 June were 62% and 57% respectively [1][2]. That is $10bn a quarter in absent competition.
Visa and Mastercard’s pre-tax income margins for the quarter ending on 30 June were 62% and 57% respectively [1][2]. That is $10bn a quarter in absent competition.
[1] https://finance.yahoo.com/quote/V/financials/ $6.33 on 10.2bn
[2] https://finance.yahoo.com/quote/MA/financials/ 4.67 on 8.13bn