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IPAY - ETFMG Prime Mobile Payments ETF: Investing In The Digital Payments Industry
ETFMG Prime Mobile Payments
The digital payments industry has many catalysts for growth in both pre and post pandemic. The ETFMG Prime Mobile Payments ETF (IPAY) gives exposure to innovative companies in this sector and is my recommended ETF for this purpose.
Digital Payment Market Growth
Prior to the COVID pandemic, digital payments were already growing significantly, as more and more people turned to the convenience of online shopping. For in-person transactions, cash is cumbersome and a pain to carry at times, and so digital payment methods such as Apple (AAPL) Pay are growing quickly.