Visa Rolls Out New Tech Rivaling Apple Pay, Teams Up with Affirm for Easier Transactions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 16 2024
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Source: Benzinga
- Visa's New Technology: Visa Inc is launching new technology to enhance its e-commerce marketplace position, sharing detailed customer preference information securely using proprietary tokens.
- Consumer Consent and Benefits: Consumer consent is required for data sharing, with smoother transactions experienced due to token technology according to Visa CEO Ryan McInerney.
- AI-Driven Interactions: Visa aims to improve shopping experiences through tailored AI-driven interactions leveraging vast data.
- Facial Recognition Payment System: Introducing a facial recognition payment system similar to Apple Pay to reduce transaction friction across all browsers and mobile devices.
- Simplified Payment Processes: Partnering with Affirm Holdings Inc, Visa is simplifying payment processes for U.S. consumers by introducing a single credential for multiple payment methods, eliminating the need for new account numbers or additional cards.
Analyst Views on PCGG
Wall Street analysts forecast PCGG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PCGG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 11.640
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Current: 11.640
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
