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~12 years ago I had a brief foray into payments, via . It’s a weird world with lots of plumbing and sketchiness. (See: amazon.com/Priceless-Case) This great thread unpacks some of that, with a glimpse on how it may eventually change.
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1/ Why is “Buy Now, Pay Later” (BNPL) an early threat to trillions of dollars of market cap - Visa (almost $500B), MasterCard ($350B), card issuing banks, acquiring banks/services (Fiserv, FIS, Global Payments, etc)?
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