V Stock Prediction: The Growing Digital Payments Industry Is Favorable To Visa
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
V Stock Prediction
Summary:- The king of credit cards, Visa is still flourishing during this new age of digital payments.
- As of 2016, Visa touts 335 million credit card customers in the U.S. Every digital payments leader like PayPal and Apple still has to pay tribute to Visa.
- Visa has 728 million credit cards in circulation worldwide. There are also 3.2 billion Visa-enabled payment/ATM/debit cards.
- Visa has recruited 13 new partners for its Token Service Provider (TSP). TSP is Visa’s secure payments solutions involving any smart device or Internet of Things appliances.
- Short and long term market trend algorithmic forecasts are still favorable to V.