VeriFone Systems, Inc. (NYSE:PAY)
CAPS Rating:
The Company designs, markets and services transaction automation systems that enable secure electronic payments among consumers, merchants and financial institutions.
The Company designs, markets and services transaction automation systems that enable secure electronic payments among consumers, merchants and financial institutions.
Recs
As payment methods change in society Verifone is perfect positioned to take advantage of digital payment progression especially in technologies such as NFC. Eventually a wallet with cash will be redundant with plastic cards being the only item need to transact.