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Mastercard (MA) Ties Up To Hasten Checkouts in UK and Europe
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Mastercard Incorporated (MA - Free Report) recently collaborated with the UK-based fully vertically integrated omnichannel payments company - DNA Payments. The tie-up aims to make the online checkout platform of Mastercard Click to Pay available to merchants in the UK and Europe.
Apart from offering a hassle-free and reliable checkout experience for consumers and merchants, the Click to Pay solution also has numerous other benefits to offer its users.
With regard to consumer benefits, the innovative solution will offer the opportunity to store and manage their cards under a sole, trustworthy and automatically updated profile. Therefore, consumers can enjoy immediate access to their favored cards on a device which removes the time-consuming tasks of recalling passwords or manually feeding in the card details.
Click to Pay will remain embedded within the checkout as a result of which consumers can seamlessly carry out the entire checkout process with the help of a few buttons and minor disruptions.
The inclusion of Click to Pay within the payment solutions suite will also prove to be greatly beneficial for merchants. The addition of the solution will require no added integration or onboarding expenses for existing merchants. Meanwhile, improved transparency of transactions and accelerated customer checkouts are some of the inevitable benefits enjoyed by merchants leveraging the solution.
The latest partnership reinforces Mastercard’s continued efforts to make use of cutting-edge payment solutions to bring about faster and more secure checkout experiences. Utilization of modernized digital payment solutions is a dire need amid the ongoing digitization era brought around as a result of the COVID pandemic, wherein consumers prefer to shop within the comfort of their homes. As online transactions are simultaneous with evolving cybercrimes, the demand for secure payment solutions can be rightly addressed by MA.
A solid digital arm built on partnerships with well-established organizations and significant investments makes Mastercard the choice of fintech in various countries. Partnering with fintech also offers an opportunity to MA to strengthen its global footprint, with the latest tie-up likely to bolster its presence and tap digital growth prospects across the UK and Europe.
Shares of Mastercard have gained 4.5% in the past six months compared with the industry’s 1.6% growth. MA currently carries a Zacks Rank #3 (Hold).
The bottom line of Trane Technologies outpaced estimates in each of the last four quarters, the average being 8.23%. The Zacks Consensus Estimate for TT’s 2023 earnings suggests an improvement of 11.4% from the year-ago reported figure. The same for revenues suggests growth of 7.6% from the prior-year tally. The consensus mark for TT’s 2023 earnings has moved 4.9% north in the past 30 days.
Exponent’s earnings outpaced estimates in each of the trailing four quarters, the average surprise being 9.62%. The Zacks Consensus Estimate for EXPO’s 2023 earnings suggests an improvement of 6.1% from the year-ago reported figure. The same for revenues suggests growth of 10.1% from the year-ago actual. The consensus mark for EXPO’s 2023 earnings has moved 1% north in the past 30 days.
The bottom line of Fiserv outpaced estimates in two of the last four quarters, matched the mark once and missed the same on the remaining one occasion, the average being 0.22%. The Zacks Consensus Estimate for FISV’s 2023 earnings suggests an improvement of 12.5% from the year-ago reported figure. The same for revenues suggests growth of 6.3% from the year-ago actual. The consensus mark for FISV’s 2023 earnings has moved 1.1% north in the past 30 days.
Shares of Trane Technologies, Exponent and Fiserv have gained 15.4%, 7.4% and 8.1%, respectively, in the past six months.
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Mastercard (MA) Ties Up To Hasten Checkouts in UK and Europe
Mastercard Incorporated (MA - Free Report) recently collaborated with the UK-based fully vertically integrated omnichannel payments company - DNA Payments. The tie-up aims to make the online checkout platform of Mastercard Click to Pay available to merchants in the UK and Europe.
Apart from offering a hassle-free and reliable checkout experience for consumers and merchants, the Click to Pay solution also has numerous other benefits to offer its users.
With regard to consumer benefits, the innovative solution will offer the opportunity to store and manage their cards under a sole, trustworthy and automatically updated profile. Therefore, consumers can enjoy immediate access to their favored cards on a device which removes the time-consuming tasks of recalling passwords or manually feeding in the card details.
Click to Pay will remain embedded within the checkout as a result of which consumers can seamlessly carry out the entire checkout process with the help of a few buttons and minor disruptions.
The inclusion of Click to Pay within the payment solutions suite will also prove to be greatly beneficial for merchants. The addition of the solution will require no added integration or onboarding expenses for existing merchants. Meanwhile, improved transparency of transactions and accelerated customer checkouts are some of the inevitable benefits enjoyed by merchants leveraging the solution.
The latest partnership reinforces Mastercard’s continued efforts to make use of cutting-edge payment solutions to bring about faster and more secure checkout experiences. Utilization of modernized digital payment solutions is a dire need amid the ongoing digitization era brought around as a result of the COVID pandemic, wherein consumers prefer to shop within the comfort of their homes. As online transactions are simultaneous with evolving cybercrimes, the demand for secure payment solutions can be rightly addressed by MA.
A solid digital arm built on partnerships with well-established organizations and significant investments makes Mastercard the choice of fintech in various countries. Partnering with fintech also offers an opportunity to MA to strengthen its global footprint, with the latest tie-up likely to bolster its presence and tap digital growth prospects across the UK and Europe.
Shares of Mastercard have gained 4.5% in the past six months compared with the industry’s 1.6% growth. MA currently carries a Zacks Rank #3 (Hold).
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Stocks to Consider
Some better-ranked stocks in the Business Services space are Trane Technologies plc (TT - Free Report) , Exponent, Inc. (EXPO - Free Report) and Fiserv, Inc. . While Trane Technologies currently sports a Zacks Rank #1 (Strong Buy), Exponent and Fiserv carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The bottom line of Trane Technologies outpaced estimates in each of the last four quarters, the average being 8.23%. The Zacks Consensus Estimate for TT’s 2023 earnings suggests an improvement of 11.4% from the year-ago reported figure. The same for revenues suggests growth of 7.6% from the prior-year tally. The consensus mark for TT’s 2023 earnings has moved 4.9% north in the past 30 days.
Exponent’s earnings outpaced estimates in each of the trailing four quarters, the average surprise being 9.62%. The Zacks Consensus Estimate for EXPO’s 2023 earnings suggests an improvement of 6.1% from the year-ago reported figure. The same for revenues suggests growth of 10.1% from the year-ago actual. The consensus mark for EXPO’s 2023 earnings has moved 1% north in the past 30 days.
The bottom line of Fiserv outpaced estimates in two of the last four quarters, matched the mark once and missed the same on the remaining one occasion, the average being 0.22%. The Zacks Consensus Estimate for FISV’s 2023 earnings suggests an improvement of 12.5% from the year-ago reported figure. The same for revenues suggests growth of 6.3% from the year-ago actual. The consensus mark for FISV’s 2023 earnings has moved 1.1% north in the past 30 days.
Shares of Trane Technologies, Exponent and Fiserv have gained 15.4%, 7.4% and 8.1%, respectively, in the past six months.