{"id":4768,"date":"2012-08-17T12:53:43","date_gmt":"2012-08-17T18:53:43","guid":{"rendered":"http:\/\/www.zmetro.com\/?p=4768"},"modified":"2012-08-17T12:53:43","modified_gmt":"2012-08-17T18:53:43","slug":"how-visa-works","status":"publish","type":"post","link":"http:\/\/www.zmetro.com\/?p=4768","title":{"rendered":"How Visa Works"},"content":{"rendered":"<p><a href=\"http:\/\/eduardo.intermeta.com.br\/this-is-how-visa-works\">Eduardo Mourao<\/a>: <\/p>\n<blockquote><p><i>Visa uses bribery, blackmail and fear to win contracts.<\/p>\n<p>I built a small credit card company, we have around 500k users and 2k merchants. We focus primarily on the low-income families, our service is free to users, just merchants have to pay (and our price is 60% lower than visa&#8217;s) that&#8217;s how we could outmaneuver pretty much all the big guys in the employee-benefits market. We are a company of just 12 employees now, we live in the cloud, our costs are just a very tiny fraction of the cost our competition faces, they could never compete with us on a level playing field. They were all screwed and they know it, and we received some buyout offers, which we refused.<\/i><\/p><\/blockquote>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eduardo Mourao: Visa uses bribery, blackmail and fear to win contracts. I built a small credit card company, we have around 500k users and 2k merchants. We focus primarily on the low-income families, our service is free to users, just merchants have to pay (and our price is 60% lower than visa&#8217;s) that&#8217;s how we [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4768"}],"collection":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4768"}],"version-history":[{"count":0,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4768\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4768"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}