Instead, the big winners – ultimately – should be the big credit-card companies like Visa and MasterCard . The big credit-card companies will still end up processing the majority of these mobile payments. And the growth in mobile payments has the potential to be enormous. Take a look at the chart to the right... There is money to be made,
and market share to be gained for Visa and MasterCard, as mobile payments in general grow. And then there’s the infrastructure... Which companies make the new products that make all this mobile-payments stuff work? We will certainly have some big winners there. I believe this will be one of the biggest stories of my investment career... At a high level, it’s a rare situation. You see, mobile payments and a transition to a cashless society are an inevitable trend... but no one is paying attention. The rest of the investment crowd seems blind to this idea. But it’s coming. There’s nothing anyone can do to stop it.
We’ve featured Steve Sjuggerud ’s work on the “Last Bull Market” and the “Melt Up” in recent American Consequences issues. This month, he brought us an important development in cash and the coming shift to mobile payments. He recently detailed three specific ways to profit from this major trend for his readers... including one opportunity that is likely to become the world’s first trillion-dollar company. Click here for more details.
64 | September 2017
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