Is Visa Stock a Smart Way to Invest in the Cashless Economy?
Declining usage of physical currencies and other paper-based payment methodologies has been a durable secular trend.
Is Visa Stock a Smart Way to Invest in the Cashless Economy?
Overview
It seems the entire market is enamored of anything related to artificial intelligence. While AI has been the key story affecting equities in recent years, investors shouldn't lose sight of other durable secular trends that continue to show promise.
The ongoing rise of the cashless economy is one such area, enhanced by the convenience and security of transacting without physical money and paper-based methods. There are many companies tapped into this opportunity, ranging from traditional banks to fintech upstarts.
Details
But card payment juggernaut Visa (NYSE: V) stands out, mainly because it dominates how commerce is done. Is this financial stock a smart way to invest in the cashless economy?
Source
Originally published at www.fool.com.
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