The is non-existent as the credit issuers determine what

The bargaining power of suppliers is low as it is reliant
on infrastructure of country operating in. The several
decade-old payment infrastructures especially in advanced countries are an
impediment to supporting real time payments. There is a lack of transparency in
the current settlement process with the value of free float enjoyed by banks
continues to remain very high. Computer and Packaged Software wholesalers
represent the main suppliers to this industry. However, credit card companies
and ACHs do not represent the main customers of these wholesalers,?increasing their power over the credit card
companies. A number of players are already innovating in this area such virtual
currencies like Bitcoin, all with the capability to build an alternate payments
infrastructure. The Bitcoin application has fraud detection and multi-factor
authentication process as it is on the Blockchain. Bitcoin competitive rivalry
is that it is very trustworthy and a possible player in the future of digital
payment industry.

The bargaining power of buyers is very high, as there are many users
compared to suppliers, the same process is applied and so a transaction is
involved. Buyers’
power over pricing is non-existent as the credit issuers determine what rate
and terms borrowers receive according to credit reports and credit risk rules.

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Buyers’ main power is choosing to do business with certain companies over
others.