How Is Discover Financial's Business Model Different From Visa's? |
| March 31, 2014 | March 2014 Bond Updates |
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Unlike Visa, Discover issues credit cards directly to consumers, allowing customers to maintain revolving credit card balances on which the company earns interest. This interest income accounts for more than 60% of Discover's revenue. |
| View more at: http://www.forbes.com/sites/greatspeculations/2014/03/31/how-is-discover-financials-business-model-different-from-visas/ |
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