Contactless payment has become the most-preferred option for safety concerns given its convenience. These Stocks Could Lead the Post-Coronavirus Contactless Payment Evolution. Tech. Apple, Inc.’s (AAPL Quick QuoteAAPL - Free Report) Apple Pay is a mobile contact payment system and digital wallet service that Apple Inc. introduced in 2014. In 2018, just 3% of cards in use in the country were contactless versus around 64% in … When you tap to pay checkout is secure, convenient and touch-free. Are You a "Glass Half Full" or "Half Empty" Investor? Founded 2000. However, its importance is being felt now like never before given that it has emerged as the most convenient and safest mode of conducting transactions amid this pandemic. Between the fourth quarter of 2015 to Q3 2016, M2 money velocity declined 3% while Square stock dropped 10%, or a positive correlation of nearly 93%. Copyright 2021 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Global Contactless Biometrics Technology Market Report 2020: Market is Expected to Reach $22.44 Billion by 2026, Growing at a CAGR of 18.3% from 2019 to 2026 Market for technology. Its shares have gained 6.1% over the past 60 days. Visa has a Zacks Rank #3. The service allows users to pay for products and services using near field communication at the point of sale, whether in person, via iOS apps or the Internet. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. 6.1 Introduction 6.1.1 Technology: Contactless Payment Market Drivers 6.1.2 Technology: Contactless Payment Vendor Initiatives And Developments But this may change fast as businesses too have started preferring contactless transactions keeping safety in mind. Newest results. ScholarChip (company) n/a. Utilities. Technology. Utilities. Major vendors in the contactless payment market include Gemalto (Netherlands), Infineon (Germany), Ingenico (France), Wirecard (Germany), Verifone (US), Giesecke+Devrient (Germany), IDEMIA (France), On Track Innovations (Israel), Identiv (US), CPI Card Group (US), Bitel (South Korea), Setomatic Systems (US), Valitor (Iceland), PAX Global Technology (China), MYPINPAD … At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. The good news is contactless solutions give restaurants a way to help reduce their guests’ potential exposure to the coronavirus. Contactless payment is a secure payment method using a debit or credit card, smartcard, or another payment device by using RFID technology and near-field communication. These returns cover a period from January 1, 1988 through April 5, 2021. Privacy Policy | No cost, no obligation to buy anything ever. The hotel giant is looking to "blend" contactless amenities with face-to-face interactions. Read full article ... Contactless … This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. The company’s expected earnings growth rate for the current year is 7.4%. The company said it added 80 million contactless-enabled cards in the United States in the first half of 2020. The coronavirus pandemic has changed the way businesses have been operating so long. Click here to find out more about our partners. Global Payments Inc. (GPN Quick QuoteGPN - Free Report) was incorporated in Georgia as Global Payments Inc. in 2000 and spun off from its former parent company in 2001. Ritujay Ghosh The company’s expected earnings growth rate for next year is 32.6%. You can see the complete list of today’s Zacks #1 Rank stocks here. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. If you do not, click Cancel. AEG Europe Extends Agreement with Realife Tech as Contactless Technology Remains Central to Their Five-year Digital Strategy PRESS … Technology stocks like Alphabet (GOOGL), PayPal, Square and others are well-poised to gain from the uptake of cashless and contactless payment modes. Its shares have gained 8.6% over the past 60 days. Consumers now want not only to shop at their convenience but also minimize personal contact with point-of-sale devices. The company has a Zacks Rank #3 (Hold). The company’s expected earnings growth rate for next year is 27.3%. If you wish to go to ZacksTrade, click OK. An increasing number of Americans are relying on technology which has seen things like e-commerce and contactless transaction gain prominence. Popular cards such as the Chase Sapphire Reserve and Chase Freedom featured the technology by summer 2019. Contactless payments use near field communication technology, also known as NFC, to connect to a payment terminal and complete a transaction. Overall, 83% of respondents believe contactless cards are here to stay and 61% think it’s at least somewhat of a priority to have a contactless feature on their credit or debit card. To clarify, it is clear that almost … Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Social distancing has become a priority to contain the spread of the deadly coronavirus. Also, payments solution companies are introducing newer modes of contactless payments. You can select 'Manage settings' for more information and to manage your choices. The monthly returns are then compounded to arrive at the annual return. Global Payments Inc. (GPN) - free report >>, PayPal Holdings, Inc. (PYPL) - free report >>. We use cookies to understand how you use our site and to improve your experience. You can change your choices at any time by visiting Your Privacy Controls. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Marriott is testing contactless check-in and check-out kiosks and a "grab-and-go marketplace." Which stocks will be June's top performers? Apple carries a Zacks Rank #3. Cards, phones, watches and other devices use the same contactless technology. The Best Ways to Invest in Mobile Payment Stocks ... contactless payments with smartphones or smartwatches use a technology called near field communication (NFC). Payment stocks are thriving as contactless transactions continue to flourish. Find out more about how we use your information in our Privacy Policy and Cookie Policy. April 26, 2021 (Investorideas.com Newswire) The COVID-19 has given contactless payments technology the boost it needed for widespread global adoption, as … A New Experience. 6 Contactless Payment Market, By Technology . Early investors stand to make a killing, but you have to be ready to act and know just where to look. This includes personalizing content and advertising. Each stock is a Zacks Rank #1 Strong Buy. The company’s expected earnings growth rate for the current year is 3.9%. Apple Pay contactless payment 4K Apple Pay contactless payment 4K ProRes 422. Since 1988 it has more than doubled the S&P 500 with an average gain of +25.57% per year. contactless payment stock videos & royalty-free footage. ZacksTrade and Zacks.com are separate companies. Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Courier Companies Go Contactless. Transform with Technology. Jerry Seinfeld made a surprise appearance at New York's Gotham Comedy Club. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Citi: Citi, too, offers contactless credit cards. The United States has been late in adopting the concept of contactless payments. Real time prices by BATS. Reviews. Tech . Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. By clicking "Accept all" you agree that Verizon Media and our partners will store and/or access information on your device through the use of cookies and similar technologies and process your personal data, to display personalised ads and content, for ad and content measurement, audience insights and product development. Contactless cards are growing in popularity as a result. Sanitation (70%) and speed (67%) are the top reasons cited by respondents. Alphabet, Inc. (GOOGL Quick QuoteGOOGL - Free Report) , apart from other products and services, also offers Google Pay, a digital wallet platform and online payment system developed to power in-app and tap-to-pay purchases on mobile devices, enabling users to make payments with Android phones, tablets or watches. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. This is a concept to show pay in shops, cafes and restaurants (as well as theatres, cinemas, transportation etc) with your phone or watch in the same way you would with a credit card. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Contactless tech will be less important than it seems now. Zacks' experts picked 7 stocks with the best chances of skyrocketing within the next 30-90 days. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Visa Inc.operates retail electronic payments network worldwide. The company’s expected earnings growth rate for next year is 15.6%. ... found that 67% of retailers in the United States now accept contactless payment. ScholarChip is a company that produces multifunctional ID cards and services for contactless campus environments. The future of retail seems to be headed this way. Visit www.zacksdata.com to get our data and content for your mobile app or website. Senior Analyst J-Rod shares one of his favorite tech plays setting up for a surge when the company reports earnings. The company has a Zacks Rank #3. However, the country is still a laggard in terms of contactless preference, with only 24% indicating it as their preferred method of payment. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. We discuss three stocks, KR, GPN, WMT, which are poised to perform well on growing digitization like contactless payment and deliveries. Reviews. Chase debit cards also offer contactless tech. The options for contactless payment have been there for quite some time. This is a big headline to kick things off with. The company has a Zacks Rank #3. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Browse 8,596 contactless payment stock illustrations and vector graphics available royalty-free, or search for contactless payment phone or contactless payment icon to find more great stock images and vector art. Visit Performance Disclosure for information about the performance numbers displayed above. It provides transaction processing services (primarily authorization, clearing and settlement) to financial institutions and merchant clients through VisaNet, its global processing platform. Contactless payments are transactions made by tapping either a contactless chip card or payment-enabled mobile or wearable device over a contactless-enabled payment terminal. The technology enables guests to see a menu, place an order and pay from their personal mobile device. Its cards are NFC enabled and can be used to take attendance, monitor entry and exit, make payments, and monitor student activity. In fact, payment card technology is changing in a big way thanks to mobile payment systems — also known as contactless or mobile tap-to-pay systems. USA. PayPal Holdings, Inc. (PYPL Quick QuotePYPL - Free Report) has emerged as one of the largest online payment solutions providers on the back of its strong product portfolio and two-sided platform that enables it to offer a smooth and secure transaction facility to both customers and merchants. According to a recent Entrust Datacard survey, 75% of those familiar with contactless payment cards now prefer these as their primary payment mode. This has also seen a change in the way people carry out transactions. July 31, 2020, AAPL Quick QuoteAAPL V Quick QuoteV GPN Quick QuoteGPN GOOGL Quick QuoteGOOGL PYPL Quick QuotePYPL. The Zacks Consensus Estimate for current-year earnings has improved 0.3% over the past 60 days. This move to contactless tech dovetails with Hilton’s stricter disinfection of surfaces, an effort copied by other major hotel brands … How contactless technology is defining the end-to-end passenger experience The following article was published by Future Travel Experience Ranging from contactless check-in and f&b pre-ordering to ‘Zero-Touch’ IFE, here we highlight how airlines and airports are creating a touchless environment for passengers. Delayed quotes by Sungard. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The United States saw the largest absolute rise in contactless adoption, with 46% Americans responding that they now have a contactless payment method, up from 38% previously. One of the most interesting aspects of the contactless future is the possibility of creating new experiences for users. Contactless Elevators & Kiosks, covers the Neonode Sensor Module and how our patented Optical Reflexive Technology provides a quick and inexpensive solution to turning traditional controls and displays into contactless, interactive devices. To learn more, click here. And this mode of payment is likely to stay since it also saves time. ... 5 Stocks to Watch as Contactless Payments Gain Traction. In fact, Visa, Inc. (V Quick QuoteV - Free Report) , on Jul 28, reported that its second-quarter results suffered from plummeting consumer spending amid COVID-19, although the pandemic did boost online spending and contactless cards. NYSE and AMEX data is at least 20 minutes delayed. Top 5 S&P 500 Stocks at Lucrative Valuations Right Now, Top Stock Reports for AT&T, SAP & Advanced Micro Devices. The rollout of this technology couldn’t come at a … Apple, Inc.’ s (AAPL - Free Report) Apple Pay is a mobile contact payment system and digital … Moreover, online transactions were another area of fairly solid growth for Visa, with card-not-present transactions spiking 25% every week since the start of April — roughly double the online transaction rate for Visa since the COVID-19 outbreak. New payment methods fall under these new experiences. Chase in 2018 announced that it would offer contactless technology on all newly issued and renewed Chase Visa cards. A technology that’s been used for years overseas is finally becoming more common here in the U.S.: contactless credit cards. A survey of more than 11,000 consumers in 11 countries by global data and insights firm Dynata found a universal uptick in the adoption of contactless payments. NASDAQ data is at least 15 minutes delayed. contactless payment phone. The Zacks Consensus Estimate for current-year earnings has improved 0.5% over the past 60 days. According to markets report, touchless sensing market is growing at the rate of 17.4 percent and will reach $15.3 billion in … ... 4 Stocks to Watch As Contactless Payment Gains Popularity. See the report's 7 new picks today, absolutely FREE. Alphabet’s shares have gained 14.2% over the past 60 days. FedEx competitor UPS has full Part 135 certification for its Flight Forward Drone Delivery airline. The backbone of the UPS operation is the M2 drone from Silicon Valley-based startup Matternet, which has now raised about $31 million in funding.

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