V Mar 2025 300.000 call
- Investing.com
Europe’s Banks are launching new product to break the Visa/Mastercard dominance
The largest banks in the European Union have been quietly developing a new payment system that aims to give customers the option to abandon their Visa (NYSE:V) and Mastercard (NYSE:MA) cards, Bloombers News reported on Friday. Known as Wero, this initiative is currently being rolled out across much of Western Europe, supported by 16 major banks and payment processors, including BNP Paribas (OTC:BNPQY) SA, Deutsche Bank AG (NYSE:DB), and Worldline SA, the report added. While this may seem straightforward, successfully implementing Wero could result in losses for Visa and Mastercard, potentially costing them billions in fees from European merchants every time a consumer uses their cards.
- Insider Monkey
Visa Inc. (V): Why Are Billionaires Bullish on This Stock Right Now?
We recently compiled a list of the 10 Best Stocks To Invest In According to Billionaires. In this article, we are going to take a look at where Visa Inc. (NYSE:V) stands against the other billionaire-approved stocks. Billionaires and top hedge fund managers typically dominate the stock market, focusing on leading companies with strong track records and […]
- Zacks
Visa's Regulatory Hurdle Creates a Better Entry Point for Investors
V's long-term outlook remains strong, thanks to its market leadership and extensive global network, which are difficult for competitors to replicate.
