$Visa (V.US)$ Although this incident did not shake the funda...
$Visa(V.US$ Although this incident did not shake the fundamentals of Visa and its leading position in the credit card and debit card business, it did reveal the shortcomings of many traditional payment industry bosses such as Visa eating their old ways. Upstream e-commerce giants will have more room for bargaining in the future. Traditional payment giants must invest more resources in developing new products and vigorously developing their own ecosystems, especially in the area of social payments. The good days of relying on banks to collect protection fees will one day be replaced by new business models.
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ISTJOP : It doesn't prevent continuing to be optimistic about Visa. Visa's management should have discovered the problem a long time ago. Coupled with the impact of this incident on stock prices (I believe this is not an emergency, there must have been a long period of unsuccessful communication), which may greatly accelerate Visa's R&D investment
Hu Leo : Visa is too proud