Thanks Reuters, We Too think Visa’s IPO is in Question


Welcome to our growing number of daily readers around the globe. 

While our company’s blog site [Tales from the World of Photo Scanning] enjoys readership around the country, WayooHigh.com with its nearly three-years of news and commentary updates on Visa, MasterCard and its member banks’ schemes is read internationally.

Today’s Reuters story on Visa’s IPO follows our WayTooHigh.com posting after the European market crash earlier this week.  We too think the Visa IPO may be in question. 

Following the presentation to the International Consumer Electronics Show on Jan 8th, next week in Las Vegas, for the International Photo Marketing Association, we again will be addressing a major industry. This time, talking on topics about innovation and public relations.  We will again look forward to hearing more stories from people also impacted by the credit card cartel’s market power as they too are forced to fund the banks’ other fiscal misadventures. 

The photo industry intemiately understands how technology and innovations has helped to lower costs and boost savings, while the credit card associations still maintain nearly 100 separate fees which should, effectively cost just pennies per transaction, but instead grab a share of each total charge for most credit card transactions.

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