I don't want to trivialize a Department of Justice investigation, nor the possibility that the government will force Visa (V)
to modify its post-Durbin strategy, but I'll argue that the odds are
good that whatever it takes to get this worked out will look like a
rounding error in a couple year's time. Although there's a chance that
the move toward mobile payment may shake up the business a bit, the
sheer power of Visa's network and the realities of consumption-oriented
economies argue for a lot of durable value in this company.
Please read more here:
Investors Fret As Visa Rolls On
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