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2026-04-02 06:37:29 -

The Global Payments Duopoly: Understanding Credit Card Market Share

The global Credit Card Market Share is a story of immense scale and significant concentration, particularly at the network level, where a powerful duopoly reigns supreme. Visa and Mastercard are the two undisputed titans of the open-loop payment network space. Together, they command a staggering majority of the world's credit and debit card transactions. Their business model, which...

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