Better Buy: Square vs. Visa

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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…