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  1. They really hiding well their source of revenue. but it seems like they make more from Data mining than actual service provided as an intermediary to transactions.

  2. 30% net profit, 14% YoY growth,

    It’s pretty crazy how much of world is moving away from physical money for their purchases, and now Visa and MasterCard combined just get a percentage of almost every purchase made in the entire consumer market.

    100 bucks cash could just keep circulating between purchases but now it turns into 98, then 96.04, then 94.12, etc.. yeah there’s taxes doing the same thing also but that’s true or both cash or card so it’s a moot point 

  3. BelethorsGeneralShit on

    Why would their litigation provisions increase by 1500%? Did they just want to build up a reserve? Some sort regulatory framework change that causes them to anticipate higher future legal expenses?