Google Pay in Scandinavia

Apple (NASDAQ: AAPL) is desperate to get people to use Apple Pay. In fact Apple employees were wandering around Chicago begging people to use the mobile wallet.
Apple salespeople were going door to door on October 7 in Chicago’s Lincoln Park in an effort to push the wallet, Bloomberg claims. The “ambassadors” were touting a $1 taco promotion at food trucks in an effort to promote Apple Pay.
Apple claims that 60% of US merchants have the equipment to accept Apple Pay. Unfortunately, most of the big names in American retail including Walmart, Kroger, and Target, refuse to accept Apple Pay.
Notably, Target (NYSE: TGT) even refuses to accept Apple Pay in its wireless Skip the Line system. To explain, Skip-the-Line is a mobile device that lets shoppers pay Target associates with credit cards or the Target app without going to a cash register. However, Apple Pay users can pay at Target through the Target app.

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American Express is a Great Dividend Stock

That attention to value and customer’s needs is American Express’s true value.

Specifically, Amex understands that its customers are human beings with specific needs and desires. American Express buys its customers’ loyalty with attention to their needs.

To put it differently, American Express owes its continued success to good old-fashioned customer service. Amex justifies its interest rates and fees with a high level of customer service.

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Google Tez Becomes Google Pay

The Tez rebranding is likely to convince Walmart not to accept NFC payments. Instead, Walmart will demand that Alphabet and Apple adopt QR Code.

Google Pay is likely to roll out QR Code in the United States. That will force Apple (NASDAQ: AAPL) to add QR code to Apple Pay. A natural consequence of Google Pay QR Code is PayPal adopting QR Code. The addition of QR Code to Venmo is inevitable too.

The tech giants will have to go along because Walmart is on track to generate $500.34 billion (half a trillion dollars) in revenues in 2018, Statista forecast. Access to that revenue is probably what convinced Alphabet to add QR Code to Google Pay.

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NAMPOF an Alternative to Fang Stocks

You can think the NAMPOF of as a FANG for value investors. Holdings in NAMPOF are more diversified than FANG and some of them generate dividend income.

It diversifies NAMPOF because NVIDIA and Apple are hardware makers and PayPal is in finance. FANG scares me because it is almost all software based. Something I dislike about FANG is the lack of a financial stock.

Containing six stocks further diversifies. Four NAMPOF stocks; Apple, NVIDIA, Oracle, and Microsoft, are proven moneymakers.

I consider PayPal and Facebook speculative because they base their businesses on growth. However, both companies have showed the capability to generate vast amounts of cash.

I designed the NAMPOF to offer a little more than safety and income than FANG at a comparable rate of growth.

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Will Digital Wallets Trigger a Financial Crisis?

Such a crisis would be catastrophic because Alipay and WeChat Pay reportedly processed $16 trillion worth of payments last year.
To make matters worse, WeChat Pay alone had 600 million users in August 2017, Statista calculated. Furthermore, Alipay had 400 million users. Therefore one billion people might be affected by a collapse of those organizations.

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Is Citigroup Making Money?

The good news for investors is that Citi is very good at credit cards and customer service. The company will refund some money to 1.75 million customers that did not receive a planned interest rate reduction.

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You can Send Money through PayPal with Gmail

These numbers demonstrate that Alphabet and PayPal are tremendous value investments. The two companies are quietly up vast platforms. Alphabet controls the largest media platform in human history, and PayPal has direct access to it.
The Alphabet/PayPal alliance will generate vast amounts of revenue. Investors and entrepreneurs should take advantage of it now.

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PayPal use growing faster than Apple and Google Pay, Microsoft Plans Automated Store

Mobile payment apps are still a tough sell to America’s consumers and merchants, Kount’s data indicates. The company that can change that paradigm will make a fortune.

That means more two thirds of American retailers or 71% still refuse to accept mobile wallets. Once again it sounds as if Apple (NASDAQ: AAPL) is losing the payment wars, and Alphabet (NASDAQ: GOOG) is not doing very well.

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Shell Accepts Chase Pay at Gas Pumps

The Drive did not say whether Shell will start accepting other popular QR Code based solutions like Alipay and Walmart Pay at its stations. Chase needs to justify the $100 million it invested in mobile-wallet technology, the Drive reported. Unfortunately the Drive did not say what Shell stations will accept Chase Pay.

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How to break up the Big Banks

Simply breaking up too big to big fail institutions which reforming the system will be a pointless endeavor. The only real way to prevent future meltdowns is to fundamentally reform and modernize the infrastructure of finance. Government must take the lead in such modernization.

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