Business
3 compelling ASX payment shares to buy
This article is about three ASX payment shares that investors may find compelling.
Visa and MasterCard are the biggest payment businesses in the world, but they are listed in the US. But on the ASX there are a number of other options that give exposure to the payment sector:
Pushpay Holdings Ltd (ASX: PPH)
According to the ASX, Pushpay has a market capitalisation of $2.1 billion.
Pushpay is a business that facilitates electronic donations, largely to large and medium US churches.
The company wants to become the market leader with a market share of more than 50%, which will help it achieve its long-term goal of US$1 billion of revenue.
Social distancing and COVID-19 restrictions are causing Pushpay’s growth to accelerate. Its app…
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