Are You Prepared for Mastercard and Visa to Enter Your Market?

New business units launched by the two large networks will compete with banks, processors, and fintech suppliers.

The debut of Mastercard Vyze and Visa Next should cause banks, credit unions, alternative finance suppliers, payment platform providers, acquirers, and payment solution providers to carefully evaluate their options. This Viewpoint describes the new business models and analyzes the opportunities and risks these new business models represent to other market participants.