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Latest News In Digital Payment - Technology Shaping Future of Global Transactions
Reviewed by Simply Wall St
The digital payments sector is experiencing significant advancements, shaped by a host of technological trends. Non-cash transactions are projected to grow at a robust CAGR of 15% through 2028, driven by convenience and security features in digital wallets and instant payment solutions. AI integration is enhancing the payment ecosystem by optimizing checkout experiences and bolstering fraud prevention. Meanwhile, blockchain technologies and the rising interest in cryptocurrency payments are further transforming transaction dynamics. Additionally, B2B marketplaces are leading the digitization of trade, with innovative platforms and secure payment systems enhancing efficiency across global markets.
In other trading, Affirm Holdings (NasdaqGS:AFRM) was a standout up 10.6% and ending trading at $88.46.
Best Digital Payment Stocks
- Visa (NYSE:V) closed at $351.78 up 0.5%.
- PayPal Holdings (NasdaqGS:PYPL) closed at $70.19 up 0.2%.
- SoFi Technologies (NasdaqGS:SOFI) ended the day at $25.54 down 1.9%, close to the 52-week high.
Taking Advantage
- Discover the full array of 212 Digital Payment Stocks, featuring UniCredit, Al Rajhi Banking and Investment and Shanghai Pudong Development Bank, right here.
- Ready For A Different Approach? This technology could replace computers: discover the 23 stocks are working to make quantum computing a reality.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
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About NasdaqGS:SOFI
SoFi Technologies
Provides various financial services in the United States, Latin America, Canada, and Hong Kong.
Reasonable growth potential with adequate balance sheet.
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