In This Article:
Palm payment technology is gaining traction as a transformative force in the digital payment landscape, driven by its secure and convenient contactless transaction capabilities. Featuring biometric authentication, this method is paving the way for faster financial inclusion, especially for unbanked populations, by offering a robust alternative to traditional banking. The surge in palm payment adoption is fueled by the need for fraud-proof solutions, propelled by advances in biometric and AI technologies. As businesses and consumers increasingly prioritize secure and efficient payment experiences, palm-based biometric systems are poised to play a pivotal role in shaping the future of contactless payments across various industries.
Elsewhere in the market, Fidelity National Information Services was a notable mover up 8.7% and ending trading at $74.58. Meanwhile, Global Payments trailed, down 17.4% to end trading at $69.46, near its 52-week low.
Best Digital Payment Stocks
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SoFi Technologies closed at $10.98 up 3%.
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Nu Holdings ended the day at $11.00 up 1.9%.
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PayPal Holdings closed at $61.00 up 1.3%.
Key Takeaways
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
Companies discussed in this article include NYSE:FIS NasdaqGS:SOFI NYSE:NU NasdaqGS:PYPL and NYSE:GPN.
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