Optik Issues Alert on Visa
Updated: Jul 13
This past week we Optik Options opened an alert on Visa (V). Thus far it is up and does not have far to go to net a 30% gain. Visa worldwide payments space is roughly a $185 trillion market with about $9 trillion of payment volume flowing through its network annually. More competition is attracted to this market space continually to include PayPal and Square. As well new regulations but it is possible that Visa may double in size within the next five years.
As far as regulations go the European Commission has backed a Euro Payments Initiative (EPI) of 16 banks that may impact some of Visa's revenues as Europe accounts for about 20% of Visa's revenues.
All this said, thank you to all our subscribers and followers!