Bastiaan on Twitter: "4/ cont'd However, most impressive might be Kaspi's proprietary payment network. Disrupted the payments value chain, taking significant market share from Visa and MasterCard, becoming the payment processing leader
![The Nilson Report on Twitter: "Issuers from the U.S. held a 40% market share among the top 150 portfolios worldwide. The rankings are based on outstanding receivables tied to Amex, Diners Club, The Nilson Report on Twitter: "Issuers from the U.S. held a 40% market share among the top 150 portfolios worldwide. The rankings are based on outstanding receivables tied to Amex, Diners Club,](https://pbs.twimg.com/media/DtmeFgDUUAIKann.jpg)
The Nilson Report on Twitter: "Issuers from the U.S. held a 40% market share among the top 150 portfolios worldwide. The rankings are based on outstanding receivables tied to Amex, Diners Club,
![Searching for Moats: Visa, MasterCard, and how they dominate the payment card industry - The Fifth Person Searching for Moats: Visa, MasterCard, and how they dominate the payment card industry - The Fifth Person](https://fifthperson.com/wp-content/uploads/2016/06/payment-card-market-share-422x620.gif)