Tag: MasterCard

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.

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.

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Yosef Cohen is a Junior Financial Analyst at I Know First.

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The I Know First algorithm is currently bullish on MA in the long term