Profits in payments – 3 share ideas which could prosper

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We look at three share ideas that could prosper in the payments world.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Published on 17 November 2023

It was correct at the time of publishing. Our views and any references to tax, investment and pension rules may have changed since then.

The last few years have proved a rocky ride for those investing in companies in the payments industry. The pandemic prompted an acceleration in the move to digital, and the sector raced ahead of the broader stock market.

However, recent concerns about levels of economic activity have seen most of that outperformance erased.

The industry is still forecast to outgrow the broader economy over the next few years, but it’s becoming increasingly competitive.

Here are three companies we think are well-positioned to deliver value to customers and shareholders.

This article isn’t personal advice. If you’re not sure an investment is right for you, seek advice. Investments and any income from them will rise and fall in value, so you could get back less than you invest. Past performance isn’t a guide to the future. Ratios shouldn’t be looked at on their own.

Investing in an individual company isn’t