Global Payment As A Service (PaaS) Market Booming Despite Current Economic and Health Crisis - Seite 3

PayPal Holdings, Inc. (NASDAQ: PYPL) recently announced the launch of a new service enabling its customers to buy, hold and sell cryptocurrency directly from their PayPal account, and signaled its plans to significantly increase cryptocurrency's utility by making it available as a funding source for purchases at its 26 million merchants worldwide.

Mainstream adoption of cryptocurrencies has traditionally been hindered by their limited utility as an instrument of exchange due to volatility, cost and speed to transact. However, the promise of advanced technological platforms offers the possibility of mainstreaming digital currencies. According to a survey by the Bank for International Settlements, one in 10 central banks – representing approximately one-fifth of the world's population – expect to issue their own digital currencies within the next three years.

Square, Inc. (NYSE: SQ) recently announced the general availability of its newest developer tool: Terminal API. The new API enables developers to connect Square Terminal, an all-in-one card payments device, to their POS, ERP, or practice management system, regardless of the platform or operating systems they're developed on. Whether developers are building on iOS, Android, web, or desktop, Terminal API helps developers build flexible business management software that adapts to new ways of running a business - whether that's developing a custom-built kiosk for ordering and checkout, a medical practice management system to synchronize patient data, or a socially distanced payments solution that accommodates the safety of sellers and buyers.

Visa Inc. (NYSE: V) recently announced its fiscal fourth quarter and full-year 2020 financial results through an earnings release that will also be furnished with the Securities and Exchange Commission on a Form 8-K and will be available on its Investor Relations website at http://investor.visa.com/sec-filings/default.aspx.  The webcast and all related materials can also be accessed through Visa's Investor Relations website at http://investor.visa.com/financial-information/quarterly-earnings/default.aspx.

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