not vested
ETFMG Prime Mobile Payments ETF (NYSEArca: IPAY), an ETF launched in 2015 that features 38 different stocks in this space.
Visa, of course, is one of those, representing a little more than 6% of the portfolio. That’s a testament to its leadership in this space.
The other heavies in the credit card game, American Express Co. (NASDAQ: AXP) and Mastercard Inc. (NYSE: MA), are there too.
But IPAY also includes a host of companies that have carved out profitable niches in mobile payments – and that could each make huge gains in the coming years.
Take Fiserv Inc. (NASDAQ: FISV), for example. This fintech company has been around since 1984 and has over 12,000 customers across the globe. Fiserv provides mobile solutions to financial institutions that allow customers to use their smartphones to pay bills, make purchases, and send money person-to-person. As more and more banks move their operations away from branches and into their mobile apps, you can expect Fiserv to benefit from it.
The profit potential doesn’t stop there. Some of IPAY’s other stocks include…
1. PayPal Holdings Inc. (NASDAQ: PYPL), which owns the popular mobile payments app Venmo.
2. PagSeguro Digital Ltd. (NYSE: PAGS), which is leading the way on mobile payments in Latin America.
3. Square Inc. (NYSE: SQ), which has made it easier for artists and entrepreneurs to do business with its smartphone-based credit card reader and e-commerce platform.
4. Cyprus-based Qiwi Plc. (NASDAQ: QIWI), a mobile payments leader in Russia and Eastern Europe that is now branching out into Western Europe as well.
Source: Daily Trade Alert
https://dailytradealert.com/2018/12/15/ ... o-buy-now/