Payments in Full

Payments in Full

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My payments framework

Is “the long run” getting shorter?
Payments innovation adoption is only faster in rare circumstances
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Andrew M. Dresner
3
Handicapping payments Fintechs
Why I admire some Fintechs but not others
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Andrew M. Dresner
Incumbent Acquirers face 3 disruptions
Incumbents are keeping volume but ceding revenue
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Andrew M. Dresner
1
How payments networks compete
Why does the US have so many networks and how do they compete with each other?
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Andrew M. Dresner
Why payments matter
Payments are the key distinguishing feature of the highest profit retail products and a fee-based anchor for commercial relationships. Doing payments…
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Andrew M. Dresner
The structure of consumer payments markets
The key difference between consumer payments markets and B2B payments markets is that spread is the major revenue source, not transaction fees
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Andrew M. Dresner
The structure of B2B payments markets
US payments processing markets (B2B) share the pyramid structure shown above.
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Andrew M. Dresner
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