VISA® IS NOT A BANK - they’re more powerful than one.

THE MOST POWERFUL BUSINESS MODEL THE POWER OF NETWORK Visa is not a bank. It’s a network of banks. This distinction holds one of the greatest lessons in understanding business models and scaling. Look at your debit or credit card. Notice how it doesn’t always feature your bank’s name? That’s because Visa, MasterCard, and later Discover created a network to allow banks to process transactions together seamlessly. Think about it. It still takes 3-7 days to transfer your money bank to bank...