The vast payment networks that Visa (V 0.03%) and MasterCard (MA 0.35%) hold in the payments space are unrivaled, and constitute a massive moat between them and other smaller players. But, could this deal with JPMorgan (JPM 0.10%) represent a shift for these payment network giants away from the ultimate dominance they have been enjoying?
In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson take a look at one way JPMorgan is bending the rules a bit on Visa, and discuss whether other banks could follow suit, and if this potentially represents a fundamental shift to the business of Visa and MasterCard.
