3 War-on-Cash Stocks to Hold for Years
With the rise of online shopping and the ubiquity of smartphones, more consumers are using technology to make their purchases than ever before. This has led to a so-called war on cash -- where consumers use physical money less and less -- and isn't likely to end any time soon.
To benefit from this massive shift, investors need only to look to Square (NYSE: SQ), PayPal (NASDAQ: PYPL), and Mastercard (NYSE: MA), which are all knee-deep in building a cashless society. Here's how each company is benefiting from this trend.
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Source Fool.com