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Nomad Investor's avatar

As a small company, you can't "sign up" directly with VISA, Mastercard etc. You have to sign up with someone like GlobalPayments, who themselves have the relationship with visa etc. So Global Payments recharge you the Visa fee, plus they add on their charge.

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Value Don't Lie's avatar

Thanks for sharing... any thoughts on the industry?

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Lou's avatar

You might want to check out Repay Holdings Corp (RPAY). Insiders bought large numbers of shares.

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Value Don't Lie's avatar

Thanks, will take a look...

The $GPN insider activity hasn't been very inspiring... http://openinsider.com/search?q=gpn

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Halal Investor's avatar

I have a very superficial knowledge on the industry. On the downside, Global Payments lunch I'm guessing is being eaten by ApplePay and Paypal. And in the future, dare I say it, crypto may want to dine also.

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