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Mastercard's Global Transactions Roaring: Can It Sustain the Growth?
ZACKS· 2025-06-09 17:31
Key Takeaways Mastercard saw 15% Y/Y cross-border volume growth and a 14% rise in payment network net revenue in Q1 2025. Growth was fueled by digital payments focus, fintech deals like Corpay and expanding international activity. MA plans to acquire FinTech Newway to offer stablecoin settlement options, boosting merchant capabilities.Mastercard Incorporated (MA) is surfing a wave of strong global momentum, driven by accelerating transaction volumes and robust consumer spending. The rise in cross-border t ...
The Rise of Payment Gateway Market: A $48.4 billion Industry Dominated by Tech Giants - Stripe (Ireland) and Fiserv (US)| MarketsandMarkets™
GlobeNewswire News Room· 2025-06-09 14:00
Delray Beach, FL, June 09, 2025 (GLOBE NEWSWIRE) -- The global Payment Gateway Market size is projected to grow from USD 26.7 billion in 2024 to USD 48.4 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period, according to a new report by MarketsandMarkets™. The proliferation of subscription-based business models across various industries has led to a surge in demand for recurring payment solutions. Payment gateways that offer flexible subscription management tools are ...
Visa Stock Up 16% YTD & Counting: Buy Now or Wait for a Dip?
ZACKS· 2025-06-03 15:26
Core Insights - Visa Inc. continues to demonstrate strong financial performance, benefiting from rising cross-border volumes and increased digital payment adoption, supported by resilient consumer spending [1][5] - Year-to-date, Visa's stock has increased by 15.7%, outperforming the broader industry and key competitors [2][8] - Visa's fundamentals remain solid, characterized by stable revenue growth, strong cash flows, and high profitability [5][9] Financial Performance - In fiscal 2024, processed transactions increased by 10%, with a further 10.2% growth in the first half of fiscal 2025 [6] - Payments volume rose by 6.7% in fiscal 2024 and 6.3% in the first half of fiscal 2025, contributing significantly to revenue [6] - Strong operating cash flow increased by 26.4% in the first half of fiscal 2025, allowing for reinvestment in technology and strategic partnerships [9] Growth Opportunities - Emerging markets present significant expansion potential, with payments volume growing by 6.1% in Latin America and 14.2% in CEMEA during the first half of fiscal 2025 [7] - Visa's initiatives in contactless payments, AI integration, and crypto solutions are expected to diversify revenue sources [10] Earnings Outlook - The Zacks Consensus Estimate projects Visa's EPS to rise by 12.9% in fiscal 2025 and 12.6% in fiscal 2026 [8][12] - Revenue growth is anticipated in the high single-digit to low double-digit range for fiscal 2025 [11] Valuation Metrics - Visa's forward P/E ratio stands at 29.67X, higher than its five-year median of 26.92X and the industry average of 23.38X [13] - Compared to competitors, Visa's valuation places it in the middle, with Mastercard at 33.98X and American Express at 18.36X [13] Regulatory Environment - Visa faces potential challenges from rising expenses and regulatory scrutiny, particularly in the U.S. and Europe, which could impact future growth [15][17] - Legal challenges regarding market dominance and fee structures may pose risks to Visa's business model [16][17]
ila Bank partners with Mastercard to launch innovative solutions and expand into new markets
GlobeNewswire News Room· 2025-05-27 13:03
Core Insights - ila Bank has partnered with Mastercard to enhance its consumer product offerings, focusing on affluent and travel products along with loyalty programs [1][2] - The collaboration aims to provide added value to cardholders through various lifestyle benefits, including dining, luxury shopping, and travel experiences, while ensuring transaction security [2][3] - The strategic agreement reinforces ila Bank's commitment to customer-centric solutions in a cashless economy, positioning it as a leader in the digital payments landscape [3][4] Company Overview - Established in 2019, ila Bank is a digital, mobile-only bank that offers a range of card products, including debit, credit, and prepaid cards, with personalized loyalty rewards [4] - The bank has received positive reception both domestically and regionally, focusing on bespoke banking solutions tailored to customer needs [4] - Innovative products available through the ila app include smart digital saving tools and a prize account that awards cash prizes to customers [5] Partnership Details - The partnership with Mastercard is aimed at driving innovation in the digital ecosystem, focusing on secure and rewarding banking experiences [3] - Mastercard has supported ila Bank since its inception, contributing to the introduction of various innovative products, including a multi-currency debit program and a loyalty program [3]
Mastercard vs. Affirm: Which Payments Stock Has More Room to Run?
ZACKS· 2025-05-19 14:45
Mastercard Incorporated (MA) and Affirm Holdings, Inc. (AFRM) sit on two very different ends of the digital payments spectrum. Mastercard is a global legacy player with a stronghold in credit and debit card transactions. Affirm, on the other hand, is a rising disruptor in the Buy Now, Pay Later (BNPL) space, aiming to reinvent consumer credit with transparent, flexible instalment plans.Despite their differences, both companies share a common mission: facilitating consumer spending in an increasingly cashles ...
Euronet Teams Up With Visa to Boost Global Money Transfers
ZACKS· 2025-05-15 18:10
Core Insights - Euronet Worldwide, Inc.'s Money Transfer unit has partnered with Visa Inc. to integrate Visa Direct into its services, enhancing its digital payment capabilities [1][2] - The collaboration allows Euronet to facilitate real-time money transfers to over 4 billion Visa debit cards globally, using only the recipient's name and card number [2][4] - The integration is timely, aligning with the increasing use of debit cards for transactions and modernizing Euronet's digital payout infrastructure [4][5] Euronet's Money Transfer Unit - The Money Transfer unit, which includes Ria Money Transfer, Xe, and Dandelion, processed 44.6 million transactions in Q1 2025, reflecting a 10% year-over-year increase [7] - Revenues in this segment advanced by 9% year-over-year in the same quarter [7] - Dandelion's enhanced capabilities will support real-time cross-border payments, offering various payout options such as direct bank deposits and cash pickups [6] Market Context - According to the World Bank, over half of individuals aged 15 and above possess a debit card, indicating a significant market for digital payments [5] - The Nilson Report forecasts that global debit and prepaid card purchases will exceed $1.1 trillion by 2029, highlighting growth potential in the sector [5] Share Performance - Euronet's shares have increased by 7.1% year-to-date, outperforming the industry average decline of 2.7% [8] - The company currently holds a Zacks Rank of 3 (Hold), indicating a stable outlook [8]
Worldline: Availability of preparatory documents for the Combined General Meeting of June 5, 2025
Globenewswire· 2025-05-15 16:00
Combined General Meeting of June 5, 2025Availability of preparatory documents Paris La Défense, May 15, 2025 – The shareholders of Worldline [Euronext: WLN] are convened to a Combined General Meeting (ordinary and extraordinary) on Thursday, June 5, 2025 at 2:30 p.m. (Paris time) at Tour Cœur Défense – 100-110 Esplanade du Général de Gaulle – 92931 La Défense. The meeting notice (avis préalable de réunion) including the agenda, the draft resolutions and the terms and conditions of participation and voting a ...
Paysafe ‘Very Bullish' on LatAm Digital Wallet Usage
PYMNTS.com· 2025-05-13 18:32
Paysafe says it expects good things from Latin America amid the region’s FinTech boom.Latin America (LatAm) was a popular subject on the payments company’s quarterly earnings call Tuesday (May 13), with Paysafe reporting a 4% dip in revenue, with organic revenue growth of 5%.“As you know, we’ve anticipated a lower growth rate and margin profile during the first half of the year,” CEO Bruce Lowthers said. “We remain confident that we see acceleration in the second half as we deliver our existing contracts, e ...
Repay (RPAY) - 2025 Q1 - Earnings Call Presentation
2025-05-12 20:28
On July 11, 2019, Thunder Bridge Acquisition Ltd. ("Thunder Bridge") and Hawk Parent Holdings LLC ("Hawk Parent") completed their previously announced business combination under which Thunder Bridge acquired Hawk Parent, upon which Thunder Bridge changed its name to Repay Holdings Corporation. Forward-Looking Statements This presentation (the "Presentation") contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not ...
Truist first bank to begin revolutionizing bill pay with alias-based request for payment via the RTP® network
Prnewswire· 2025-04-25 13:00
Phase-one network validation sets new standard for financial institutions, meeting demands of large corporate billers and empowering consumers CHARLOTTE, N.C., April 25, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the successful completion of the initial testing phase of an innovative alias-based bill payment solution that leverages The Clearing House's RTP® network and Request for Payment (RfP) platform. The achievement positions Truist as the first financial institution t ...