A History of Visa
From the conclusion:<p>&gt;&gt; These are the hallmarks of one of the best businesses on the planet.<p>The &quot;best business on the planet&quot; is effectively a tax on economy growth?  They don&#x27;t even reinvest their profits - they return them to shareholders.  So the value of the &quot;best business on the planet&quot; is that it takes a percentage of every transaction and funnels it into the personal wealth of Visa shareholders?<p>That kind of platform business should really be run as a non-profit, and instead of paying dividends, should reduce processing fees to where it just covers operating costs and capex.<p>Instead it sounds like it&#x27;s just a driver of inequality simply because they have a captive market and no real competition.  I suppose that&#x27;s the &quot;best business&quot; under a very specific definition of best.<p>But in terms of making the world a better place, I don&#x27;t think so.