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> $20B in revenue Visa generated last year, of which it generated a ~50% profit margin. I was sure this couldn’t be right... but it absolutely is. https://s1.

• lotsofpulp 7y ago
  Why wouldn’t it be massive? Infinitely scalable business getting a % of each and every transaction at no marginal cost. It’s basically a tax, there isn’t a better business model out there. They don’t even take any risk lending money, just a % fee for owning the network, that one has to be on to do business with most people with money nowadays.