Investment Trends; E-Payment Stocks Worth a Look Electronic-Payment Companies' Stocks Are Expected to Soar; E-Transactions Are Expected to Continue Increasing Through 2009
The Milwaukee Journal Sentinel › July 24, 2007
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Summary
Electronic transactions are gaining traction, and one Milwaukee investment analyst has several ways to take advantage of it.
The number of electronic payment transactions surpassed the number of checks paid for the first time in 2003, when Americans made $44.5 billion in electronic payments compared with writing $36.7 billion worth of checks, according to the Federal Reserve.See the full content of this document
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Investment Trends; E-Payment Stocks Worth a Look Electronic-Payment Companies' Stocks Are Expected to Soar; E-Transactions Are Expected to Continue Increasing Through 2009
Since then, the Fed - the country's biggest check processor - has reduced its number of check processing locations to 22 from 45.
Electronic payment volume is expected to grow at an annual rate of 12.4% through 2009, said...See the full content of this document
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