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Visa operates a global electronic payments network, allowing customers to use credit cards instead of cash.
who uses cash anymore? and visa is among the few pieces of plastic you can carry...and if you dont pay? ....they dont care...they get paid when you swipe...its the banks that have top deal with the bad debts...steadily profitable and they have raised the dividend hand over fist lately....its a high P/E zero debt company...but the money just keeps on coming in....stability in a world lacking it
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