My money is on $Visa(V)$and $MasterCard(MA)$. These companies have reported higher cross border payments revenue from improved tourism flows. At the same time, ppl are still spending even as inflation climbs higher.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- klarky·2022-11-03yes people keep using them but once recession fully hits will these people be able to pay them off? I have never carried a balance, but know several people do make minimum payments. eventually interest drowns them!LikeReport
- boardy·2022-11-06I suppose inflation means the card payment dollar volume should easily increase.LikeReport