- The assessment starts with macroeconomic factors, but also considers evolving customer behavior as well as synergies derived by a higher degree of convergence between finance and technology.
- These all point to anemic growth in 2021 and accelerating into 2022, but not at the same rate as in 2020.
- Compared to a fund holding payment stocks, the ETF has shown better growth but exhibits more volatility.
- Holding the ETF makes sense for those wanting to get sizeable exposure to some of the behemoths in the digital payment space.
- Therefore, IPAY is a long term buy, after an upbeat 2020 and short-term inflation uncertainty.
For further details see:
IPAY: What Are The Growth Prospects?