MULTI BAGGER ALERTS

[hotstockss]

$LAHO made a major acquisition (Payflex Systems) a couple years ago, and has been taking that raw material and building on it. That led to another key acquisition of Cloudecrypt, a move that took them into the Saas space in a bigtime way. The result of integration of these assets is its current flagship payment processing product line, which stands to challenge anything currently in play in that quickly expanding space.

To give you a sense of perspective, Mobile payments reached a record $235.4B in 2013, 44% above the $163.1B in 2012. 2014-15 is believed to have dwarfed those numbers. One big reason is the introduction into the US market of the near-field chip tech in credit cards (EMV technology) found in other places around the world.

– $3.663 Trillion Dollars in purchases were made using Visa, MasterCard, Discover and American Express cards at US merchant locations.

– There are over 312,834,623 number of internet users in North America.

– Over 875,000,000 consumers have shopped online.

– 90% of all Internet Sales are made with credit cards.

– Retail e-commerce spending totaled $231 Billion, expected increase 13% to 262 Billion.

– 1,895,834,000 credit, debit and prepaid cards are in circulation. http://www.stockonhighalert.com/newsletters/rarely-see-multi-trillion-dollar-market-opportunity/