Square (NYSE: SQ) is one of the fastest-growing companies in financial services and has become the face of the mobile payments industry in many ways. As it has grown, it is adding services that are mission-critical to the small and medium-size businesses it serves, further entrenching itself in their operations.
But Square is still reliant on major credit card networks like Mastercard (NYSE: MA), which connect merchants with banks and card users. That intermediary position has been extremely profitable for the company and may be hard for Square to overcome as we look at which stock is a better buy today.
Image source: Square.