How Big Is Credit Card Opportunity in Cuba?

The video discusses the acceptance of credit cards like MasterCard, Visa, and American Express in Cuba, highlighting that they are not issued by U.S. banks but by Barclays or HSBC. While American Express may gain exposure, the impact on MasterCard and Visa is expected to be minimal. Challenges include potential high fees from the Cuban government and a predominantly cash-based society. Experts suggest that while there are opportunities, the overall impact on credit card companies will be limited.

Which credit card is mentioned as having the potential to gain exposure in Cuba?

• American Express

• Visa

• MasterCard

• Diners Club

What is the expected impact of the Cuban market on MasterCard and Visa's earnings?

• No impact

• Decrease in earnings

• Significant increase

• Incremental revenue but not meaningful earnings

How does the potential market size of Cuba compare to Russia for credit card companies?

• Cuba has more potential

• They are about the same size

• Russia is larger

• Cuba is larger

What is one of the main challenges credit card companies face in Cuba?

• High transaction fees

• Strict government regulations

• Lack of merchant acceptance

• High competition

What might the Cuban government impose that could be problematic for credit card companies?

• Extraordinary fees

• Tax incentives

• Subsidies

• Marketing restrictions