MasterCard's stock fell sharply by 5.02% during intraday trading on Monday, reflecting broader pressure on payment sector stocks.
The decline follows a report by Citrini Research modeling a scenario where AI-driven commerce could structurally undermine traditional card network economics. The research suggests AI agents optimizing transactions could identify the 2-3% card interchange rate as a cost to eliminate, potentially migrating toward low-cost stablecoin settlement networks.
Additionally, market sentiment was weighed down by concerns over potential regulatory pressure, after President Donald Trump was reported to have urged for a cap on credit card fees earlier this year, which had previously impacted credit card companies.
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