There’s been a lot of talk about the VISA initial public offer filing. Here is why people are talking:
- Since MasterCard’s unprecedented success in 2006. VISA believes they can do it better, which raises a lot of attention by investors, and with good reason.
- They claim to process almost twice as many transactions as MasterCard. This expresses some huge potential for revenue, especially with the compounded growth of the Asian and Pacific economies.
According to Fortune Visa’s coming to the table with a price to earning ratio of 27. This makes the VISA IPO a tasty treat to any investor.