Payment Processing Profits

Have you ever wondered why Visa, MasterCard, and PayPal are so wildly profitable?  Read the infographic below and you will begin to understand why.  They have been coyly raising transaction fees over the years and now are significantly impacting merchant’s profits.  Credit card and identity fraud surly have contributed to this rise however most payment processing companies are awash in profits as reflected in their financial statements.

Via: Point of sale software