Visa versus Mastercard: This one is designed to survive the next recession
Visa (V) reported net revenue in the first quarter of fiscal 2026 of $10.9 billion (14.6% year-on-year) with 69.4 billion transactions processed (9%) and a profit margin of 50.2%, betting on payments infrastructure and tokenization. Mastercard (MA) reported Q4 2025 revenue of $8.81 billion (17.6% YoY) with operating income growth of 24.68% YoY, driven by…