For Immediate Release
Chicago, IL - May 10, 2012 - Zacks.com announces the list of
stocks featured in the Analyst Blog. Every day the Zacks Equity
Research analysts discuss the latest news and events impacting
stocks and the financial markets. Stocks recently featured in the
American Express Co.
Barnes & Noble Inc.
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Here are highlights from Wednesday's Analyst
MasterCard Rolls Out PayPass Wallet
Expanding its digital payments services, on Monday
) announced the launch of PayPass Wallet Services. However, it will
be functional starting third quarter 2012.
PayPass Wallet is the latest next generation digital payment
service that will facilitate customers a quicker, secured and
relaxed mode of payments for their purchases. The payments can
either be made electronically in stores or through internet using
devices such as smartphones, computers, laptops and tablets.
These services will be processed through the company's global
banks, merchants and partners. Moreover, this service can be
accessed even by customers of different card processors such as
American Express Co.
Accordingly, MasterCard will provide compact digital wallet
services through its three-pronged module of PayPass Wallet
Services, i.e. PayPass Acceptance Network for online or contactless
payments, PayPass Wallet and PayPass API. Initially, MasterCard's
PayPass Wallet Services will be made available in the U.S., Canada,
U.K. and Australia. Subsequently, the services will be accessed
While American Airlines and
Barnes & Noble Inc.
) will be among the first merchant partners; Citibank, Fifth Third
Bank, Grupo Banco Popular and Grupo BBVA are a part of the several
financial institutions that are initializing the PayPass Wallet.
Additionally, MasterCard has successfully tapped many technology
partners such as
), Sage Pay, SIA and Vantiv. We believe the collaborated initiative
is expected to be a valued advancement in the rapidly growing
Furthermore, MasterCard's PayPass Wallet appears to be a viable
growth opportunity for MasterCard given the recent developments in
telecommunications. For instance, the latest technology that
functions on near field communication (NFC) process. The consumers
can now make secure payments and transfer funds through the
Going forward, the company should be able to enhance its product
portfolio that offers an efficient delivery of a unique deployment
of digital wallet services, thereby aligning itself with the
demands of the market.
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AMER EXPRESS CO (AXP): Free Stock Analysis
BARNES & NOBLE (BKS): Free Stock Analysis
INTEL CORP (INTC): Free Stock Analysis Report
MASTERCARD INC (MA): Free Stock Analysis Report
VISA INC-A (V): Free Stock Analysis Report
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