Visa Inc.
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$V is oscillating in a nice range!

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Emerging Competitors and Niche Players

• UnionPay & JCB
While headquartered in Asia, these networks are expanding cross-border acceptance and carving out market share among Chinese and Japanese tourists globally.

• Fintech Disruptors
Companies like Stripe, Adyen, Square (Block), Affirm, and Klarna are eroding traditional card fees with direct-to-merchant billing, subscription billing, and flexible installments.

• Digital Wallets & Open Banking
Apple Pay, Google Pay, and bank-sponsored wallets leverage tokenization for contactless adoption, while PSD2-style Open Banking in Europe and evolving U.S. standards are shifting control of payment initiation away from card rails.

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