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
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.