|Day's Range||129.22 - 130.18|
|52 Week Range||92.75 - 130.20|
|PE Ratio (TTM)||33.94|
|Dividend & Yield||0.88 (0.68%)|
|1y Target Est||N/A|
Visa and Mastercard hate cash, which is why they love that more people are shopping online. The rise of Amazon.com has been good for the major card companies so far, but that could change if Amazon decides it wants more control over how payments work on its site. “We believe that Amazon poses a real, albeit long-term, risk to Visa, Mastercard, and PayPal,” Bernstein analyst Lisa Ellis wrote in a note to clients Tuesday.
Retailers are scrambling to inject meaningful new conveniences into the shopping moments tied to our lifestyle needs — from ordering a restaurant meal to choosing a bridesmaid’s dress.
Amazon.com Inc. has already given payment companies headaches by starting a rewards program and rolling out its own checkout button on retail websites. What if the e-commerce giant developed its own version ...