If you don’t have this in your portfolio.,I’m sorry . Our Picks
Visa Inc. V: This name is sure to strike you with the very mention of a debit or a credit card. This is because it is the leading payment processor followed by Mastercard Inc. MA. Though it does not issue any card, it just facilitates the payment via its payment network. In 2020, the company processed 140.8 billion worth of transactions on its network, which is spread across the globe, and this number has only been rising over the years.
The company’s high-tech payment infrastructure, brand name security, reliability as well as partnerships with merchant and banks position it strongly to gain from the rise in credit It is leading the pack among the payment facilitators to allow crypto transactions in its network. The company is allowing customers to make their transactions in USD Coin (USDC), a stable coin powered by the Ethereum blockchain, and intends to add such coins to its settlement platform. Visa’s strategies are clearly set to achieve long-term growth. Year to date, the stock has gained 8.5% against its industry’s decline of 7.3%.