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Card business models during downturn

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New Contributor

Card business models during downturn

I figured the issuers would be down even further now but not as bad as I expected. Puts a perspective on how their difference payment systems can be affected during these crazy times 

 

https://www.fool.com/investing/2020/04/01/heres-why-american-express-and-discover-are-gettin.aspx

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8 REPLIES 8
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Senior Contributor

Re: Card business models during downturn

Good read, thanks for sharing.




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Epic Contributor

Re: Card business models during downturn

I agree  .. Interesting!

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Message 3 of 9
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Regular Contributor

Re: Card business models during downturn

Solid info, this may show in APR and CC Approvals in the near future. Which most borrowers are concerned about a freeze in lending/approvals.

 

Makes sense that DFS and AXP get hammered meanwhile MA and V are still holding a longer term uptrend. Closed Loop payment processors vs Open, respectively




Message 4 of 9
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Established Contributor

Re: Card business models during downturn

Thank you; great read. 

Message 5 of 9
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Valued Contributor

Re: Card business models during downturn

Good read... thanks. 








Message 6 of 9
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Super Contributor

Re: Card business models during downturn

Thanks for sharing the information!

Message 7 of 9
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Regular Contributor

Re: Card business models during downturn


 




Message 8 of 9
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Established Contributor

Re: Card business models during downturn

Interesting read. Thanks.


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