Better Buy: Square vs. Visa
There's a clear trend toward a cashless society, not only in the United States, but all over the world. While cash isn't likely to go away entirely, at least not anytime soon, an increasing amount of financial transactions are taking place through credit and debit cards, mobile apps, and other non-cash methods.
When there's a clear trend like this, there are often interesting opportunities for long-term investors to take advantage of. And that's especially true when we're talking about a $185 trillion market opportunity, which is the current estimated volume of payments flowing around the globe.
Two particularly interesting companies that investors might want to take a look at are fast-growing fintech company Square (NYSE: SQ) and payment processing leader Visa (NYSE: V). However, while both are great companies, these are two very different investments. So here's a quick look at each one to help decide which is the better buy for your portfolio.
Source Fool.com
