Why Investors Should Not Ignore PayPal's Advantages Amid Square's Competitive Moves

PayPal (NASDAQ: PYPL) pioneered the fintech industry in many respects when it facilitated payments via email in the 1990s. However, Square (NYSE: SQ) emerged as an increasingly visible competitor after introducing its smartphone credit card reader and steadily expanding its ecosystem.

But, amid this rivalry, investors may not notice that PayPal has taken more of a consumer focus than its peer. Through an emphasis on that target market, the fintech stock has become well-positioned to continue to drive long-term stock gains.

Image source: Getty Images.

Continue reading

Source Fool.com