Better Buy: Square vs. Visa
In the ongoing "war on cash," both Square (NYSE: SQ) and Visa (NYSE: V) are out leading the brigade. They are two of the leading payments companies in the rapidly advancing trend toward a cashless society, which experts say will accelerate over the next 10 years -- spurred on by the social distancing protocols put in place during the pandemic.
Both of these financial technology companies (or fintechs) occupy different niches within this space, but what they have in common is excellent performance. Both Square and Visa are great stocks, but which one is the better buy? Let's take a look.
Visa has been in the news recently, as it was hit with a lawsuit by the U.S. Department of Justice over its planned acquisition of Plaid, a fintech that allows people to safely connect their financial accounts to their apps.
Source Fool.com
