How PayPal Competes and Works Together With Visa and Mastercard
The payments system has become a very confusing space that involves many different players working for and against each other. With the pandemic significantly accelerating the use of digital payments, the industry is heating up as well as getting even more complicated.
In light of its complexity, it might be helpful to compare and contrast some of the big traditional players like Visa (NYSE: V) and Mastercard (NYSE: MA) with a big alternative payment provider like PayPal Holdings (NASDAQ: PYPL). Let's review their business models, how they compete, and also how they sometimes work together.
Image source: Getty Images.
Source Fool.com
