One Firm Is Taking the Hassle Out of Digital Payments – and Handing You a Piece of an $11 Trillion Opportunity
June 10, 2020 at 05:00 AM EDT
Like many of us, I'm a huge believer in the convenience of mobile commerce, often referred to simply as m-commerce. I use Apple Pay from Apple Inc. on my phone regularly when shopping. There's just one problem - maybe something you've dealt with, too. My iPhone can't recognize me and approve my identity with facial recognition. At least, not when I am wearing my COVID-19 safety mask. That's where the new field of "touchless commerce" comes into play. It's a process in which you simply tap the store's reader with an enabled credit card. And it's quickly gaining share in m-commerce, a field worth $284 billion. Even without COVID-19, this was a field to pay attention to. The world is barreling toward the most convenient "hands-free" options in everything from buying to driving to texting. That's why it's a great time to invest in the firm that's pioneering touchless commerce. With the initiatives this payments innovator is managing, I see its stock doubling in three years or less... Full Story The post One Firm Is Taking the Hassle Out of Digital Payments – and Handing You a Piece of an $11 Trillion Opportunity appeared first on Money Morning - We Make Investing Profitable . That's why it's a great time to invest in the firm that's pioneering touchless commerce. With the initiatives this payments innovator is managing, I see its stock doubling in three years or less... Tags: Technology Article To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.