Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Jan CPI rose 6.4% vs. 6.2% estimates
Views 2.9M Contents 369

Dealing with high inflation

Actually, the payments space ( $Visa (V.US)$ , $MasterCard (MA.US)$ , $Fiserv (FISV.US)$ , $Global Payments (GPN.US)$ ) should be the most at the top of the list. Their fee is based on a percentage of every sale. So higher consumer prices mean higher revenue for the payment companies even if volume stays flat which flows mostly to the bottom line as the incremental operating cost is essential nil.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
30
+0
1
Translate
Report
116K Views
Comment
Sign in to post a comment
Love Summer
6Followers
7Following
275Visitors
Follow