MA V Bernstein sees cybersecurity as a major growth opportunity for VISA and Mastercard. It estimates cyber, authentication, tokens and disputes already generate ~$7-7.5B for Mastercard MA and ~$5B for Visa V, and says cyber + tokens could sustain or accelerate VAS growth.
MA V Bernstein sees cybersecurity as a major growth opportunity for VISA and Mastercard. It estimates cyber, authentication, tokens and disputes already generate ~$7-7.5B for Mastercard MA and ~$5B for Visa V, and says cyber + tokens could sustain or accelerate VAS growth.