The future of the Finance industry...... PayPal

 ***Please make sure to do your research and consult a professional. I am not a professional and content is intended to be used and must be used for informational purposes only.****

The big financial institutes have dominated for centuries. I think the new technology is testing those institutes and this can be a great thing for consumers. Look around and you can see all the daily tech we are using for our new form of banking. The two companies that have stuck out to me are PayPal (PYPL) and Square (SQ). 

Let's take a look at some of the recent trends:

Digital, Peer to peer, Online shopping, Buy now pay later or in instalments, Digital wallets, Mobile pay, Crypto, AI, Automation, Rewards, lower fee structure.

You can look around as she how technology is disrupting the industry. Here are just a few companies doing the disrupting:

PayPal, Square, Robinhood, Apple Pay (Google pay, Samsung pay. Amazon..), Acorns, Chime (?), Varo Money, AfterPAy....

As you can see there are plenty of examples. I have chosen to speak on PayPal but I also like Square. I am just more familiar with PayPal. Over the years, PayPal was primarily known as the eBay payment. That is far from true now. I first noticed a big shift once I saw PayPal as an option at Home Depot. They had been spun off from eBay by that time. Even recently. people made a big fuss when eBay announced that PayPal would not be its primary payment processor. However, it was going to still be an option. I was a little shocked people reacted that way, because by this time PayPal was already making big moves outside that eBay connection. Look at where you have shopped online in recent month and you will see how prevalent it is as a payment option.  

The reasons why I like PayPal? 

Offers peer to peer in multiple currencies, Consumer to Business payment (where it started), Business POS, PayPal Credit, Venmo (yes venmo!!), and now they are dipping into Crypto. 

They hit on most of the big trends. They are looking to continue to innovate and enter new areas. They don't hit all the notes but I like the story and they aren't tied to a bigger company (Apple Pay, Amazon..), are a public company (Robinhood, Acorns), are known (Chimes, afterpay).

I think this is an area with plenty of investment options for the long run. One very large trend is the buy now pay later type formats and for that I would say keep an eye on AfterPay. The trend is the modern online version of layaway. It is less diversified in its business offerings and is a riskier pick. Again, I also like Square (Square card, CashApp, POS, Jack Dorsey).

These would have all been great buys during the March dip. I still think there is value here in many of these Fin Tech companies that will continue to disrupt the industry. Some of these I would keep an eye on for  a future IPO or a buying opportunity. 

Dell E310

Dell E 310 you have treated me well over the years. We spent many long nights doing case studies and designing websites. You have worked fairly flawlessly through out those years. You came to me at an outstanding Christmas sale discount with many free upgrades. You came to me at a time of need as my laptop had been stolen. I will miss you. I hope your next owner will enjoy you just as much and the money earned from selling you will go toward another great computer. So fair well my Dell E310.

Hello Toshiba laptop. You are welcome to my family of gadgets & gizmos. You two have come to me in a time of need for a new windows machine & at a clearance price. You have big shoes to fill with your smaller sleeker shell. I believe you can do it. You have gotten off to a food start my PC. May our journey together be long.

Android Vs. Apple

Hello. This post is a simple comparison of Android based phones versus Apple based phones. I'm no expert but I have owned both. This is my take on the whole thing.

(FYI: Video was shot on IPhone 4 and edited on a MacBook)

This is only round one of many to come as these two giants continue to fight. I give the early round two to Apple in the tablet market (price and loyalty). RIM and other platforms (Nokia, Microsoft) may enter this battle as it heats up but that looks unlikely with current tends. 

Post Highlights

Android

+variations

+Customization

+Flexibility 

+Productivity (consume and create)

-Variations of experience

-Standard

-Ease of use

Apple

+Ease of use

+Sleek look

+Standard experience

-inflexibility

-difficulty to  multitask and create

-Limited hardware options

-4g and carrier limitations

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