Getting behind the payments chain
Recently, I chanced upon a report from Business Insiders Intelligence. From an article on Emerging Payment Technologies Will Create New Winners And Losers In The Giant Credit Card Industry there is much to discover from the credit card and debit card “ecosystem”. The infographic below (click for a slightly larger version) shows a complicated series of interactions between different legacy players and how much value they add.
Companies play different roles in the “ecosystem” as intermediaries. Most of these companies are merchant-facing vendors, providing the technology and services that help businesses accept credit cards.
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