Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why MasterCard and Green Dot Got Crushed

MasterCard (NYSE: MA  ) and Green Dot (NYSE: GDOT  ) reported earnings on Friday, and investors weren't overly impressed. Shares of Green Dot were down nearly 20%.

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the results, Green Dot's outlook, and the hurdle MasterCard investors need to clear in order to get good returns.

Big changes are coming to the payments space...
The plastic in your wallet is about to go the way of the typewriter, the VCR, and the 8-track tape player. When it does, a handful of investors could stand to get very rich. You can join them -- but you must act now. An eye-opening new presentation reveals the full story on why your credit card is about to be worthless -- and highlights one little-known company sitting at the epicenter of an earth-shaking movement that could hand early investors the kind of profits we haven't seen since the dot-com days. Click here to watch this stunning video.

Read/Post Comments (1) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On February 01, 2014, at 1:03 AM, adcmelb wrote:

    Its way to early to call the demise of VISA, MasterCard or American Express for a number of reasons 1/ Most businesses in the world except at least Visa and MasterCard - how many cafes or hardware stores let you pay via bitcoin or paypal.

    2/ Theres a whole generation out there that haven't even heard of these other payment systems let alone want to use them and yet they have MasterCard or Visa.

    3/ Some of the worlds airlines are now issuing dual frequent flyer cards that can be used to load currency from countries around the world. The card is used like a prepaid credit card and user still gets point for using their own money - again owned by Visa or MasterCard.

    4/ I find it hard to believe Visa or MasterCard are going to let a new comer take their business that easy.

    5/ Business / Government use Visa / MasterCard to pay for expenses - one itemised paid on a monthly basis easy and traceable transactions.

    Plenty of more reasons But one important point is that Warren Buffett hasn't sold his American Express or MasterCard shares.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2819848, ~/Articles/ArticleHandler.aspx, 9/3/2015 5:39:29 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Matt Koppenheffer

Matt is the Managing Director of The Motley Fool GmbH, The Fool's German business. Besuch uns bei!

Today's Market

updated Moments ago Sponsored by:
DOW 16,374.76 23.38 0.14%
S&P 500 1,951.13 2.27 0.12%
NASD 4,733.50 -16.48 -0.35%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/3/2015 4:02 PM
GDOT $17.24 Down -0.03 -0.17%
Green Dot Corporat… CAPS Rating: ****
MA $91.65 Up +1.22 +1.35%
MasterCard CAPS Rating: *****
V $70.40 Up +0.78 +1.12%
Visa CAPS Rating: ****