Payments Financial Models
More payment volume does not produce the same earnings for every payments business. Networks earn transaction fees, processors absorb service costs, and card issuers must also fund lending and cover defaults. Rewards and customer incentives further reduce how much of each payment is retained.
American Express
American Express (AXP) is a globally integrated payments company that issues credit and charge cards to consumers and businesses while simultaneously operating a worldwide merchant acceptance network.
Visa
Visa is a global payments technology company that connects consumers, merchants, financial institutions, and government entities to facilitate electronic funds transfers.
PayPal
PayPal operates a global digital payments platform that connects merchants and consumers, facilitating digital and mobile payments across approximately 200 markets under brands including PayPal, Venmo, Braintree, Zettle, and Xoom.
Mastercard
Mastercard is a global technology company in the payments industry that connects consumers, financial institutions, merchants, governments, and businesses worldwide.
Block
Block (formerly Square) is a global technology company providing financial services and digital payments through Cash App, a consumer digital wallet, and Square, a commerce and point-of-sale ecosystem for small and medium-sized businesses.
Fiserv
Fiserv is a leading global provider of payments and financial services technology, facilitating account processing, digital banking, card issuing, and merchant acquiring.
Global Payments
Global Payments is a multinational financial technology company that provides payment technology and software solutions enabling merchants to accept payments across in-store, online, and mobile channels.
Corpay
Corpay (formerly FleetCor Technologies) is a global corporate payments company that provides solutions to help businesses manage and pay their expenses.
