About Blog Quatrro Processing Services Inc. (QPS) is a registered US business unit of Quatrro Global Services addressing opportunities
in Global Payments industry covering Cards and Payments Processing, Fraud & Risk Management and Analytics.
A key product for one of the most well - known industry startups, the digital asset won no shortage of favor from investors enamored by its goal of disrupting an
oligopolistic global payments industry.
«
The global payments industry really has been ruled by an oligopoly, led by players like JPMorgan and Citi,» said Ripple CEO Brad Garlinghouse to CNBC.
Global banks like Bank of America, JPMC, Citi, Wells Fargo, etc. have published reports on how Bitcoin could impact
the global payment industry.
Mastercard (NYSE: MA) has done an amazing job lately in making the most of the huge opportunities in
the global payments industry.
Mastercard is a technology company in
the global payments industry that connects consumers, financial institutions, merchants, governments and businesses worldwide, enabling them to use electronic forms of payment instead of cash and checks.
Cryptocurrencies like Bitcoin are revolutionising the $ 1.8 trillion
global payments industry and people around the world are rethinking the meaning of their money.
The disruption of the $ 1.2 tn
global payments industry will be also be driven by converging trends in regulation, global demographics and the rise of markets outside the United States.
«
The global payments industry really has been ruled by an oligopoly, led by players like JPMorgan and Citi,» said Ripple CEO Brad Garlinghouse to CNBC.
So why is
the global payments industry so far behind?