EWallet winners set to fatten up in a $10 trillion market - Wells Fargo-To The Moon - Tiger Brokers Online Investing Community

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EWallet winners set to fatten up in a $10 trillion market - Wells Fargo

seekingalpha2021-06-25

The growth in "eWallets" has the payments mechanism poised to break through into mainstream use, Wells Fargo says - withno small amount of help from the COVID-19 pandemic. At about 22% of global point...

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Refuito
·2021-06-25
Like it
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Qazokm
·2021-06-25
Ewallet seems to be the way to go
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Jasi
·2021-06-25
?
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3
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JiaXinQuah
·2021-06-25
Really?
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- JiaXinQuah:
  Oh yea
  2021-06-26
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- Pieceofdoor:
  Maybe...
  2021-06-25
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Zlatan
·2021-06-25
Likee
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Keirayek
·2021-06-25
Good!
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chewlizzie
·2021-06-25
Ah....
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AetherC
·2021-06-25
Too many ewallets
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- SYEN:
  Comment
  2021-06-25
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- Huat899:
  Pls like and comment back, thanks
  2021-06-25
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nickname223
·2021-06-25
Like
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- blaCkbOx:
  Ok
  2021-06-25
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- Huat899:
  Pls like and comment back, thanks
  2021-06-25
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- SYEN:
  Comment o
  2021-06-25
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Xpeajs
·2021-06-25
Good
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the companies will benefit from increased volumes they can monetize, but also leverage the growing base and drive volume to merchants that are payment processing customers.\nAnd a surprising winner it includes among that crowd is Euronet Worldwide(NASDAQ:EEFT), perhaps not fully appreciated by the market, but which could take advantage in several ways. First, it's a partner of choice as wallet providers build out their platforms. Ria, the money transfer business, could also be a part of third-party wallets, Wells Fargo says.\nAnd the agent network of Ria and those retailers that work with ePay could be a load network for consumers that want to add value to wallets.\nOther names that could benefit to a more indirect extent - through impact to their businesses - include Fidelity National Information Services(NYSE:FIS), Fiserv(NASDAQ:FISV), Global Payments(NYSE:GPN)and Jack Henry & Associates(NASDAQ:JKHY). They can connect wallet providers with various payment networks globally, and connect banks' consumers with the wallet platforms and even possibly help support proprietary wallets.\nAnd there might also be a role for Western Union(NYSE:WU)and Paymentus(NYSE:PAY)in the growth of eWallets. 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