The impenetrable moat around Visa (NYSE:V) and MasterCard (NYSE:MA) in the payments business may not be so impenetrable for long. In this segment from Where the Money Is, Motley Fool financial analysts Matt Koppenheffer and Patrick Morris broadcast from the Transact 2014 conference in Las Vegas, to discuss the broader payments industry, and how the lines of competition are getting blurred. While the massive payments networks of Visa and MasterCard have traditionally allowed them to maintain high margins and ward off competitors, new payments business models coming from the giants of tech like Google (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN) and eBay (NASDAQ:EBAY) with its PayPal business could soon spell a changing dynamic for the big dogs in this industry.
Your credit card may soon be completely worthless
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Matt Koppenheffer owns shares of Amazon.com. Patrick Morris owns shares of Amazon.com. The Motley Fool recommends Amazon.com, eBay, Google (A shares), MasterCard, and Visa. The Motley Fool owns shares of Amazon.com, eBay, Google (A shares), MasterCard, and Visa. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.