Digital payments opportunities are bigger than bitcoin
Cryptocurrencies including bitcoin might be capturing huge attention, but they certainly aren't the only way to benefit from the digital payments revolution. In our overview of the first of the Investor’s Champion’s Mega-Trends, we’ll take a look at how investors can get a slice of the growth. Remember to head to our portfolio section to find out which digital payments companies we have picked for our Mega-Trends Portfolio.
In 2010, when Uber (US: UBER) launched in Paris, citizens of the city were unimpressed. The app presented fees in euros but the transactions could only be completed in dollars – confusion and hidden foreign exchange charges meant Parisians were sceptical.
Uber therefore decided it needed a payments gateway, designed specifically for the app which could work across national borders. And so it sought the service of Braintree, a digital payments platform, which is now owned…
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