Tuesday, April 23rd, 2019
Chicago-based Barrington Research Associates Inc. has reported that payments companies trading publicly have rewarded their investors once again. In fact, Wall Street biggest companies are going through a fintech revolution. Are you looking for reliable payments companies in the UK that can help you with low cost and secure merchant services? This article will help you get the best.
Strong Start on Wall Street
The payments market is flourishing. The Nasdaq Composite Index increased 16.5% in Q1, and the Standard & Poor’s 500 Index grew 13.1%. As for the Dow Jones Industrial Average, it went up 11.2%, as Barrington Research has reported.
Share prices of smaller payments companies are usually more volatile as compared to those of the major ones. Let’s take First Data, a leading processor. Its stock went up 55.4% in Q1 and was the 3rd highest among the 29. After Fiserv Inc. discovered its $22 billion buyout offer for First Data on January 16, there came a significant increase.
What’s more, the shares of Worldpay Inc. grew 48.5% and took the 5th place. The company’s stock had been seeing steady growth during the quarter.
Las Vegas-based Everi Holdings Inc., the leader of Q1, witnessed its shares jump 104.3%. The company is a payments specialist, as well as ATM and gaming services provider for the casino market. San Antonio-based Payment Data Systems Inc. took the 2nd place. This is a small merchant processor and prepaid card services provider that reported a 57.8% rise in shares.
Littleton, Colo. – based payment card manufacturer CPI Card Group Inc., took the 4th place. CPI’s shares jumped 49.3% in Q1.
According to Gary Prestopino, Barrington Research managing director, the stock wasn’t a success in Q4. Things got improved and sales started to grow thanks to the new management team.
Payments Companies to Go For
Today’s payments ecosystem is changing and developing in a way no one could even imagine in the past. Given all the changes in the payments industry, it’s critical for merchants to find the right payment processing company to work with.
Respectable payments companies like Best Payment Providers in the UK can help you make the right choice when it comes to going for the processor you need. Best Payment Providers is dedicated to helping merchants enjoy only the best payment processing services in the industry.
Thanks to Best Payment Providers, you’ll be able to fight the competition in your field without challenges. Best Payment Providers is a reliable payments comparison company that can find the cheapest rates or the most competitive pricing for you so that you can stay away from hidden costs.
To sum up, working with a reputable payment expert like Best Payment Providers is a must. This is how you can get unmatched review of contracts, rates, and fees, as well as enjoy the most honest snapshot of processors at the time of writing.
By the way, checking processors’ integration processes is critical to your success so that you can be sure to enjoy smooth transition and onboarding process. Choose consultation and advice that’re free.