Better Buy: Mastercard vs. Block
The payments market is changing rapidly as several trends emerge and converge, including digital payments, decentralized finance, and cryptocurrency, to name a few. One of the forefathers of digital payments is Mastercard (NYSE: MA), the huge credit card company that has been around since the 1960s. One of the most disruptive new companies in this industry is Block (NYSE: SQ), formerly known as Square, which revolutionized how people pay through its card reader and peer-to-peer Cash App.
Both are great companies with key competitive advantages, but which is the better buy right now? Let's take a look.
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Source Fool.com