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We might never have been able to convince the Visa executives to change their rules by showing them how Square would help them. But since we’d already gotten American Express, Mastercard, and Discover* to accept Square, Visa now had to point its nose back toward the herd. Mastercard and Visa are separate organizations, but they move with the synchronization of samba dancers when it comes to innovation. Visa just does it backwards and in heels.
The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time
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